Aspirations for the US-Iran Agreement, Dow Jones hits new high, once saw 50,830

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May 23, 2026

Dreaming of the US-Iran Agreement The Dow Jones hits a new high, once seeing 50,830

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Hoping for a breakthrough in negotiations between the US and Iran to end the conflict, coupled with the continued decline in US bond yields, US stocks continued to perform well on Friday, with the Dow Jones breaking above the previous high intraday, rising by over 500 points at most, closing with a narrower gain but still hitting a record high, and the S&P 500 rising for the 8th consecutive week. Wosh sworn in as Federal Reserve Chair Kevin Warsh【Image】 was sworn in as the 17th Federal Reserve Chair at the White House during a ceremony hosted by President Trump.

The Dow Jones had already hit a record on Thursday...

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