The Bad PlaceTimes of India | US stock markets today (May 19, 2026): Dow drops nearly 400 points as tech rally cools; Nvidia earnings in focus
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On May 19 2026 U.S. equities extended their slide, with the Dow Jones Industrial Average shedding 397 points (‑0.8 %), the S&P 500 slipping 0.5 % and the Nasdaq Composite falling 0.6 % as technology‑driven momentum waned amid concerns over higher bond yields, volatile oil prices and geopolitical tension. Global markets were mixed, highlighted by a 3.3 % drop in South Korea’s Kospi and a roughly 1 % rise in Germany’s DAX. Investors turned their focus to Nvidia, whose quarterly earnings are due Wednesday and were expected to gauge whether the AI‑fuelled rally could resume; Nvidia shares themselves ticked down 0.7 % ahead of the report. Barclays strategists warned that the rapid inflow into U.S. stock funds could reverse, while individual stocks saw varied moves – Akamai fell 3.9 % after announcing a $2.6 billion convertible note offering, and Home Depot slipped 2.2 % despite beating earnings estimates, though its same‑store sales missed forecasts. Bond yields continued to climb, with the 10‑year Treasury rate rising to 4.66 %, and Brent crude eased slightly to $111.39 a barrel, keeping prices above the $100 mark; U.S. gasoline averaged $4.53 per gallon, roughly 43 % higher than a year earlier.
US stock markets today (May 19, 2026): Dow drops nearly 400 points as tech rally cools; Nvidia earnings in focus
US stock markets extended losses on Tuesday, with Wall Street moving further away from record highs as technology stocks lost momentum and investors remained cautious over rising bond yields, oil price volatility and geopolitical uncertainty.