As tensions between the US and Iran eased on May 20, stock markets rose while commodity prices fell sharply. The S&P 500 index increased by over 1%, and WTI crude oil plummeted by 5.5%. Against the backdrop of improved geopolitical prospects, US Treasury yields also declined. Trump and Iranian officials stated that negotiations are progressing, and talks are expected to resume after the Islamic pilgrimage season ends.

US500-0.22%
CL2.26%
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