US markets took a sharp turn lower on Friday, May 15, 2026, with the Dow, S&P 500 and Nasdaq all falling after President Donald Trump concluded his China visit without easing key investor worries. The S&P 500 slid to 7,436 and the Nasdaq fell 1.25%. Nvidia dropped nearly 4% and Amazon also slipped as Treasury yields jumped on hotter-than-expected inflation data. Oil topped $108, the dollar strengthened, while gold and silver plunged amid renewed volatility and Iran uncertainty.
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