Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026.  REUTERS/Brendan McDermid/File Photo
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. REUTERS/Brendan McDermid/File Photo
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Business & Economy

Wall St opens lower as oil jumps on renewed Mideast concerns

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.

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

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