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US close: Stocks jump as bond yields ease, oil price sinks on peace deal hopes

By Benjamin Chiou

Date: Wednesday 20 May 2026

(Sharecast News) - Falling bond yields and a sharp decline in oil prices pushed US stock indices firmly higher on Wednesday on the back of rising optimism that Washington and Tehran will soon reach a peace deal.
The Dow finished 1.3% higher while the S&P 500 and Nasdaq snapped a three-day...

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