By Liz Moyer
Futures are poised to open for trading later on Sunday ahead of earnings reports from Nvidia and Walmart this week and after President Donald Trump returned from a trip to China.
Treasury yields jumped on Friday, with the 30-year rate rising to 5.1% after April inflation numbers came in elevated. Oil also rose on Friday, with the international standard Brent crude nearing $110 a barrel.
There is no apparent progress on the situation in Iran. Trump posted a warning to Iran on his social media platform on Sunday that the "Clock is Ticking" and they "better get moving," though the Strait of Hormuz remains effectively closed amid the conflict and a U.S. naval blockade of Iran's ports.
Iran's Islamic Republic News Agency cited the Defense Ministry spokesman saying the Iranian Armed Forces are "fully prepared to confront any new potential attack by the U.S. and the Israeli regime against the country."
Stocks ended the week on a down note, with all three major indexes dropping more than 1% for the day. But the indexes managed to end the week higher despite that pullback. The S&P 500 extended its weekly winning streak to seven straight weeks, the longest since December 2023. The Nasdaq also ended the week up.
Write to Liz Moyer at liz.moyer@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 17, 2026 14:44 ET (18:44 GMT)
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