Yahoo Finance | EN590 Commodities

Crude Oil · 2026-05-15T15:29:16.000Z

US stocks sank on Friday, retreating from record highs as inflation worries preyed on markets busy gauging the success of the Trump-Xi summit in China. The tech-heavy Nasdaq Composite (^IXIC) tumbled 1.2%, while the S&P 500 (^GSPC) fell 0.9% aftersurging to all-time closing highson Thursday. The Dow Jones Industrial Average (^DJI) lost 0.9%, or more than 450 points, and dropped back below 50,000 as stocks came under pressure. Stocks pulled back after President Trumpconcludedhis visit with Chinese counterpart Xi Jinping in Beijing before flying back to Washington. The two-day summit strucka business-friendly tone, involving 16 top US executives and deliveringnewdealsfor the likes of Boeing (BA) and Nvidia (NVDA). However, the diplomatic issues of Taiwan and Iran continued to lurk in the bac

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