Market Report - US Close

US close: Dow hits record high as oil prices fall, but gains limited

By Benjamin Chiou

Date: Thursday 21 May 2026

(Sharecast News) - US stocks saw moderate gains on Thursday, but that was enough to send the Dow Jones Industrial Average to its highest-ever closing level, as oil prices retreated on the back of tentative hopes of a possible peace deal between Washington and Tehran.
The Dow finished 0.6% higher at...

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