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U.S. stocks on the 21st: Dow rises to 3-month high, IBM surges

Fri May 22, 2026 8:12 am JST Market

On the 21st, the U.S. stock market saw the Dow Jones Industrial Average rise 276.31 points to 50,285.66, extending gains for a second consecutive session. The index renewed its highest level in three months. NVIDIA , which reported strong earnings the previous day, came under selling pressure amid a sense that positive catalysts had been exhausted. However, IBM surged, pushing the Dow higher. Expectations of progress in ceasefire negotiations between the U.S. and Iran also supported the overall market.

Merck and McDonald's showed firm performances. Corning , Bloom Energy , and Spotify Technology jumped, while D-Wave Quantum and Rigetti Computing were resilient. On the downside, Salesforce displayed lackluster movement. Deere & Company and Allstate declined.

The Nasdaq Composite Index rose 22.73 points to 26,293.09, extending its gains. Cisco Systems and Honeywell International attracted buying, while Micron and Qualcomm were solid. SanDisk and Arm Holdings surged, and SolarEdge Technologies , Applied Digital , and Nebius Group posted substantial gains. Meanwhile, Walmart probed lower levels, and Intuit came under selling pressure.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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