May 21, 2026

Major US stock indexes rebounded yesterday, with the Nasdaq rising +1.5%.

International

The main US stock indexes closed yesterday's session with widespread gains, led by the technology sector. The Nasdaq led the gains with a 1.5% increase, closely followed by the Dow Jones, which advanced 1.3%. The S&P 500, meanwhile, added 1.1% during the day. With this performance, the year-to-date gains stand at 13.0%, 4.0%, and 8.6%, respectively.

After the market closed, Nvidia released its Q1 2026 results. The company reported earnings per share (EPS) of $1.87, exceeding the consensus estimate of $1.77. The company's quarterly revenue reached $81.6 billion, surpassing the consensus forecast of $79.19 billion. With revenue growing 85% year-over-year, the company announced an increase in its quarterly dividend to $0.25 per share and an additional $80 billion share repurchase.

Finally, US Treasury yields compressed to levels seen at the start of the week. The 1-year Treasury note closed at 3.78%, down from 3.81% on Tuesday, while the 3-year note closed at 4.11%, also down from 4.20% previously. Finally, the 10-year Treasury note settled at 4.57% at the close, down from 4.67% earlier in the day.

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