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Wall St opens lower as oil jumps on renewed Mideast concerns

By Thomson Reuters May 21, 2026 | 8:37 AM

May 21 (Reuters) – Wall Street’s main indexes opened lower ​on Thursday as ‌oil prices surged following a Reuters report that Iran’s Supreme ‌Leader ​Ayatollah Mojtaba ⁠Khamenei ordered ⁠the country’s near-weapons-grade uranium not be sent abroad, dimming hopes ​for progress in talks between ⁠Washington and ⁠Tehran.

The Dow Jones ​Industrial Average fell ​25.5 points, or 0.05%, ‌at the open to 49,983.8. The S&P 500 fell ⁠22.2 points, or 0.30%, at the open to ⁠7,410.78, ‌while the ⁠Nasdaq Composite dropped ​126.7 ‌points, or 0.48%, ​to ⁠26,143.616 at the opening bell.

(Reporting by Ragini Mathur in Bengaluru; Editing by Devika ​Syamnath)