May 24, 2026, 5:39 PM EDT. Before the Australian Securities Exchange (ASX) opens on May 25, 2026, S&P/ASX 200 futures indicate a 0.65% decline following a 1% gain last week. On Wall Street, stocks rose with the Dow Jones up 0.58%, S&P 500 0.37%, and Nasdaq 0.19%, marking the S&P 500's longest winning streak since 2023 at eight weeks. Traders react to geopolitical developments: optimism over a potential U.S.-Iran agreement tempered by Iranian denial. Crude oil prices dropped below $97 a barrel amid diplomacy hopes. U.S. Treasury yields hit a near 16-month high as Federal Reserve signals possible rate hikes. In corporate news, Nvidia reprimanded Super Micro Computer over AI server compliance, Anthropic nears a $900 billion valuation, Zoom raised growth guidance, and Uber explored acquiring Delivery Hero.