Wall St ends lower as inflation worries push up yields
By Sinéad Carew and Ragini Mathur
Tue May 19, 2026
It was still another day of a selloff as T-bills go up, the rest of the market goes down as T-bills represent safety and stocks risk. And safety is what people went looking for today as there is little hope for a foreseeable end to the war and every reason to believe oil (now at $110/barrel) and consequently everything else will keep going up. Inflation fears are now at the forefront.
Odds of a rate hike by December have risen to 41.7% and the odds of a very feared double rate hike today tripled from 5% last week to 15%. Even the Dow got heavily socked today. All hopes now lie with Nvidia whose Q1 is released on Wednesday (after the bell.) At 19.45 billion, volume was higher than the 18.38 average.
DJ: 49,686.12 +159.95 NAS: 26,090.73
-134.41 S&P: 7,403.05
-5.45 5/18
DJ: 49,363.88 -322.24 NAS: 25,870.71
-220.02 S&P: 7,353.61
-49.44 5/19
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