Times of India | US stock markets today (May 21, 2026): Wall Street extends losses as oil prices rebound, Nvidia earnings fail to lift sentiment AI generated summary, Read the full article for complete information. On Thursday, May 21 2026, U.S. equities slipped further as a rebound in oil prices and higher Treasury yields weighed on sentiment despite Nvidia’s better‑than‑expected quarterly results; the S&P 500 fell 0.4%, the Dow Jones dropped 0.5% (253 points), and the Nasdaq slid 0.4%, reflecting a cooling of AI‑linked stock momentum after a year‑long rally. Brent crude rose 3.4% to about $108.50 a barrel amid uncertainty over the Iran‑Strait of Hormuz conflict, pushing the 10‑year Treasury yield to 4.61% and raising borrowing costs for mortgages and corporate investment. Labor data showed resilience, with weekly unemployment benefit claims unexpectedly declining, while the broader market was muted—partly as investors took profits after Nvidia’s near‑70% gain over the past year. Walmart’s shares dropped nearly 6% after issuing softer profit guidance despite strong revenue, and global markets were mixed, with South Korea’s Kospi and Japan’s Nikkei jumping on tech and export news, while Hong Kong and Shanghai indices fell. Read more: https://timesofindia.indiatimes.com/business/international-business/us-stock-markets-today-may-21-2026-wall-street-extends-losses-as-oil-prices-rebound-nvidia-earnings-fail-to-lift-sentiment/articleshow/131248406.cms #Nvidia #DowJones #NasdaqComposite #SP500 #IranHormuz