US stocks today: Dow hits record high as Middle East hopes lift sentiment and Warsh takes Fed charge

May 22, 2026

US stocks rose as Dow hit an intraday record and S&P 500 extended its winning streak to eight weeks, supported by strong earnings and hopes of easing Middle East tensions. Tech stocks gained after Lenovo results lifted Dell and HP. Bond yields eased while Kevin Warsh was sworn in as Fed chair.

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