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EN590 Commodities GroupCrude Oil 2026-05-29T20:42:17.000Z
NEW YORK, May 29 (Reuters) - U.S. stocks followed world shares higher and crude prices retreated on Friday as investors neared the end of a holiday-shortened week with renewed hopes of progress toward a peaceful resolution to the Iran war. A narrow, tech-led rally lifted all three major U.S. stock indexes to modest gains while benchmark U.S. Treasury yields dipped for a fourth straight session, as markets turned the page on a week and month marked by fears that a fragile truce would collapse amid signs of progress toward a peace deal. The S&P 500 notched its ninth straight weekly gain, its longest winning streak since December 2023. All three indexes logged monthly advances. Despite the rally, the indexes were well off session highs by the closing bell. The United States and Iran agreed
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