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Wall St opens lower as oil jumps on renewed Mideast concerns

May 21, 2026 9:37 AM EDT

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. REUTERS/Brendan McDermid/File Photo

May 21 (Reuters) - ‌Wall ​Street's ​main indexes opened lower on ‌Thursday as oil prices ⁠surged following a Reuters ‌report that Iran's ‌Supreme Leader Ayatollah Mojtaba Khamenei ordered the country's ​near-weapons-grade uranium not be sent abroad, ⁠dimming hopes for progress in ​talks between Washington and Tehran.

The Dow Jones ​Industrial Average fell ‌25.5 points, or 0.05%, at the ⁠open to 49,983.8. The S&P 500 fell ⁠22.2 points, or 0.30%, ​at the open to 7,410.78, while the Nasdaq Composite ‌dropped 126.7 points, or 0.48%, to 26,143.616 ‌at the ⁠opening bell.

(Reporting ‌by Ragini ​Mathur in Bengaluru; Editing by Devika ‌Syamnath)



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