US equities edged lower into Thursday May 21 afternoon: the Nasdaq 100 fell 0.6% and the S&P 500 0.3% (the Russell 2000 gained slightly) as Treasury yields rebounded and crude oil topped $100, giving back much of Wednesday's risk-on rally. IBM surged 8% on a $1B CHIPS Act award while Intuit fell 20.2% on job-cut news. Levels are intraday at the timestamp - the cash session had not closed.
Provenance — node opacity = source trust
- Evidence Strength
Moderate
- Evidence Observed At
- May 21, 2026 · 4:56 PM UTC
- Citation
- https://www.benzinga.com/markets/market-summary/26/05/52725563/nasdaq-100-falls-oil-tops-100-yields-climb-iran-standoff-markets-thursday
- Citation Source
benzinga