What drives the US stock market?

Earnings, rate decisions, tariffs, and geopolitical risk all move equities. Each row traces a chain of real events that pushed stocks higher or lower, month by month.

What's driving markets right now — the full picture, every 3 days. Fast, free.

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MAY 1 – MAY 31, 2026
MAY 20 Closed: +1.08%
🇺🇸 Earnings Release 2026-05-20
STOCKS DOWN ▼ 2026-05-20
Nvidia's earnings report disappointed investors, leading to a decline in stock futures.
🇮🇷 Diplomatic Negotiation Progress 2026-05-20
🌍 Energy Price Decline 2026-05-20
Progress in Iran talks raised hopes of restored oil exports, lowering energy prices.
STOCKS UP ▲ 2026-05-20
Lower energy prices reduce costs for companies, boosting profits and stock prices.
🇮🇷 Conflict Escalation 2026-05-11
🌍 Energy Price Rise 2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇺🇸 Inflation Rise 2026-05-15
Higher energy costs increase production and transportation expenses, pushing up overall prices.
🇺🇸 Treasury Yield Rise 2026-05-19
Higher inflation expectations lead investors to demand higher yields on bonds.
STOCKS DOWN ▼ 2026-05-20
Higher bond yields make stocks less attractive, leading investors to sell futures.
MAY 19 Closed: −0.67%
🇺🇸 Speculative Position Rise 2026-05-19
🇺🇸 Risk Sentiment Decline 2026-05-19
Speculative long positions pushed stocks higher, then a pullback in risk sentiment occurred.
STOCKS DOWN ▼ 2026-05-19
A pullback in risk sentiment led investors to sell stocks, causing a decline.
🇺🇸 Cautious Outlook 2026-05-19
STOCKS DOWN ▼ 2026-05-19
Seagate's cautious outlook made investors sell tech stocks, causing prices to fall.
🇺🇸 Ceo Statement 2026-05-18
🇺🇸 Tech Stock Decline 2026-05-18
CEO's comment about slow factory building hurt investor sentiment, causing tech stocks to fall.
STOCKS DOWN ▼ 2026-05-19
Tech stock declines pulled down broader stock indexes as tech is a major sector.
MAY 18 Closed: −0.07%
🇮🇷 Conflict Escalation 2026-05-13
🌍 Treasury Yield Rise 2026-05-13
Conflict involving Iran raises oil prices, which increases inflation and pushes yields higher.
STOCKS DOWN ▼ 2026-05-18
Higher bond yields make equities less attractive, leading to price declines.
MAY 15 Closed: −1.24%
🇮🇷 Conflict Escalation 2026-05-11
🌍 Energy Price Rise 2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇺🇸 Inflation Rise 2026-05-15
Higher energy costs increase production and transportation expenses, pushing up overall prices.
🇺🇸 Interest Rate Rise Expectation 2026-05-15
Rising inflation leads to expectations that the Fed will raise interest rates.
STOCKS DOWN ▼ 2026-05-15
Expectation of higher interest rates makes stocks less attractive, leading to selling.
🇺🇸 Profit-Taking 2026-05-15
STOCKS DOWN ▼ 2026-05-15
Investors sold stocks to lock in profits after a rally, causing futures to fall.
MAY 14 Closed: +0.77%
🇺🇸 Retail Sales Rise 2026-05-14
STOCKS UP ▲ 2026-05-14
Higher retail sales boost corporate profits and investor confidence, driving stock prices up.
🇺🇸 Chip Export Approval 2026-05-14
STOCKS UP ▲ 2026-05-14
US cleared Chinese firms for H200 chips, boosting Nvidia and tech stocks.
🇺🇸 Earnings Release 2026-05-14
STOCKS UP ▲ 2026-05-14
Strong earnings reports from companies like Cisco boosted investor confidence, driving stock prices higher.
🇺🇸 Ai Company Forecast Rise 2026-05-14
STOCKS UP ▲ 2026-05-14
AI companies' ambitious forecasts boost investor confidence, driving equity prices higher.

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MAY 12 Closed: −0.16%
🇮🇷 Conflict Escalation 2026-05-11
🌍 Energy Price Rise 2026-05-11
Conflict escalation disrupts oil supply, raising energy prices globally.
🇺🇸 Inflation Rise 2026-05-12
Higher energy prices increase production and transportation costs, pushing overall prices up.
STOCKS DOWN ▼ 2026-05-12
Higher inflation raises costs and interest rate expectations, hurting corporate profits and stock prices.
MAY 11 Closed: +0.19%
🇺🇸 Technology Stock Decline 2026-05-11
STOCKS DOWN ▼ 2026-05-11
Weakness in technology shares pressured the S&P 500 and Nasdaq lower.
MAY 8 Closed: +0.84%
🇺🇸 Labor Market Tightness 2026-05-08
STOCKS UP ▲ 2026-05-08
Strong labor market signals boosted investor confidence, driving stock prices higher.
🇺🇸 Military Strike 2026-05-08
STOCKS DOWN ▼ 2026-05-08
Military clashes raised geopolitical tensions, making investors cautious and pushing stock futures lower.
MAY 7 Closed: −0.38%
🇮🇷 Geopolitical Uncertainty 2026-05-07
STOCKS DOWN ▼ 2026-05-07
Geopolitical uncertainty over Iran's response to US peace proposal caused stocks to fall.
🇮🇷 War End Agreement Progress 2026-05-07
STOCKS UP ▲ 2026-05-07
Hopes of a US-Iran war end agreement boosted investor confidence, driving stock prices higher.
MAY 6 Closed: +1.46%
🇺🇸 Earnings Rise 2026-05-06
STOCKS UP ▲ 2026-05-06
Strong earnings reports boost investor confidence, driving stock prices higher.
🇮🇷 Diplomatic Negotiation Progress 2026-05-06
STOCKS UP ▲ 2026-05-06
Potential end to Iran war improves outlook, boosting investor confidence and stock prices.
🇺🇸 Tech Firm Earnings Rise 2026-05-06
STOCKS UP ▲ 2026-05-06
Strong tech earnings boosted investor confidence, pushing U.S. stock futures higher.

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MAY 5 Closed: +0.81%
🇮🇷 Military Strike 2026-05-04
🌍 Energy Price Decline 2026-05-04
The strikes did not hit Iranian energy infrastructure, easing supply fears and lowering energy prices.
STOCKS UP ▲ 2026-05-05
Lower energy prices reduce inflation fears, boosting investor confidence and stock prices.
🇺🇸 Guidance Miss 2026-05-05
STOCKS DOWN ▼ 2026-05-05
Palantir missed guidance, causing investors to sell its stock.
🇺🇸 Logistics Service Addition 2026-05-05
STOCKS UP ▲ 2026-05-05
Amazon added logistics services, boosting its stock and contributing to market gains.
🇮🇷 Military Strike 2026-05-04
🌍 Energy Price Decline 2026-05-04
The strikes did not hit Iranian energy infrastructure, easing supply fears and lowering energy prices.
STOCKS UP ▲ 2026-05-05
Lower energy costs reduce business expenses, boosting corporate profits and investor confidence.
🇮🇷 Military Strike 2026-05-05
STOCKS DOWN ▼ 2026-05-05
Renewed violence and Iranian attacks raised geopolitical risk, causing US stocks to fall.
MAY 4 Closed: −0.41%
🇮🇷 Military Strike 2026-05-04
🌍 Oil Price Rise 2026-05-04
Military strike threats in Iran disrupt oil supply, pushing prices higher.
STOCKS DOWN ▼ 2026-05-04
Higher oil prices raise costs and inflation fears, hurting corporate profits and stock valuations.
🇰🇷 Military Strike 2026-05-04
STOCKS DOWN ▼ 2026-05-04
A South Korean vessel was struck, raising geopolitical tensions and causing US stocks to fall.
MAY 1 Closed: +0.29%
🇮🇷 Diplomatic Negotiation Progress 2026-05-01
🌍 Oil Price Decline 2026-05-01
Iran's response to peace deal amendments raised hopes of increased oil supply, pushing prices down.
STOCKS UP ▲ 2026-05-01
Lower oil costs reduce business expenses, boosting corporate profits and stock prices.
🕌 Middle East Tensions Decline 2026-05-01
STOCKS UP ▲ 2026-05-01
Easing Middle East tensions reduced geopolitical risk, boosting investor confidence and stock prices.
APR 1 – APR 30, 2026
APR 30 Closed: +0.01%
🇺🇸 Ai Capital Expenditure Rise 2026-04-30
STOCKS DOWN ▼ 2026-04-30
Higher AI spending projections raised concerns about oversupply, causing Meta and Microsoft stocks to fall.
APR 28 Closed: −0.25%
🇺🇸 Interest Rate Hold 2026-04-28
STOCKS DOWN ▼ 2026-04-28
The Fed held rates, disappointing markets expecting cuts, leading to stock declines.
🇺🇸 Vessel Seizure 2026-04-20
🇮🇷 Military Strike 2026-04-20
The US seized an Iranian vessel, so Iran retaliated with drone strikes.
🌍 Oil Price Rise 2026-04-23
The Iran war lifted fuel costs, increasing global fuel prices.
STOCKS DOWN ▼ 2026-04-28
Higher oil prices increase costs for companies, reducing profits and causing stock prices to fall.
APR 27 Closed: −0.03%
🇺🇸 Diplomacy Setbacks 2026-04-27
STOCKS DOWN ▼ 2026-04-27
Failed peace talks increased geopolitical uncertainty, making investors cautious and pushing stock futures down.
APR 24 Closed: +0.8%
🇺🇸 Earnings Rise 2026-04-24
STOCKS UP ▲ 2026-04-24
Strong earnings boost investor confidence, driving stock prices higher.
APR 23 Closed: −0.41%
🇺🇸 Earnings Report Beat 2026-04-23
STOCKS UP ▲ 2026-04-23
Intel's strong earnings report boosted investor confidence, driving its stock price higher.
🇺🇸 Investment Announcement 2026-04-23
STOCKS UP ▲ 2026-04-23
Intel's investment announcement boosted investor confidence, driving stock prices higher.
🇮🇷 Conflict Escalation 2026-04-23
STOCKS DOWN ▼ 2026-04-23
Conflict with Iran dims growth outlook, causing stocks to fall.

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APR 22 Closed: +1.05%
🇺🇸 Ceasefire Optimism 2026-04-22
STOCKS UP ▲ 2026-04-22
An extended ceasefire reduces geopolitical risk, making investors more willing to buy stocks.
🇺🇸 Strong Guidance 2026-04-22
STOCKS UP ▲ 2026-04-22
Strong corporate earnings guidance signals future profitability, boosting investor confidence and stock prices.
APR 21 Closed: −0.63%
🇺🇸 Peace Deal Uncertainty 2026-04-21
STOCKS DOWN ▼ 2026-04-21
Investors worried a US-Iran peace deal would not be reached, causing them to sell stocks.
🇺🇸 Military Strike 2026-04-20
🌍 Energy Price Rise 2026-04-20
A US military strike on an Iranian ship raised fears of supply disruptions, pushing oil prices higher.
STOCKS DOWN ▼ 2026-04-21
Higher energy prices raise costs and inflation fears, hurting corporate profits and economic growth.
🇺🇸 Investment Pledge 2026-04-21
STOCKS UP ▲ 2026-04-21
Amazon's large investment pledge boosted investor confidence, lifting its stock price.
APR 20 Closed: −0.24%
🇺🇸 Ceasefire Optimism 2026-04-20
STOCKS UP ▲ 2026-04-20
Extending the ceasefire reduced fears of conflict, making investors more confident in stocks.
🇺🇸 Military Strike 2026-04-20
🇮🇷 Shipping Disruption 2026-04-20
The US military strike on an Iranian ship caused Iran to close the Strait of Hormuz in retaliation.
STOCKS DOWN ▼ 2026-04-20
Iran closing the Strait of Hormuz raised fears of oil supply disruption, causing U.S. stock futures to fall.
APR 19 Closed: +1.2%
🇮🇷 Geopolitical Tension Rise 2026-04-19
STOCKS DOWN ▼ 2026-04-19
Geopolitical tensions increase investor uncertainty, causing them to sell stocks.
APR 17 Closed: +1.2%
🇺🇸 Earnings Guidance Decline 2026-04-17
STOCKS DOWN ▼ 2026-04-17
Netflix's stock fell because its earnings guidance disappointed investors.
🇺🇸 Diplomatic Negotiation Progress 2026-04-17
STOCKS DOWN ▼ 2026-04-17
Optimism over U.S.-Iran peace talks boosted U.S. stock futures, which limited the decline in New Zealand stocks.
🇺🇸 War De-Escalation 2026-04-14
🌍 Oil Price Decline 2026-04-14
Expectations of a ceasefire and possible reopening of the Strait of Hormuz weighed on oil prices.
🌍 Macroeconomic Outlook Improvement 2026-04-17
Lower oil prices reduce costs for businesses and consumers, boosting economic growth prospects.
STOCKS UP ▲ 2026-04-17
Improving economic conditions boost investor confidence, leading to higher stock prices.
🇮🇷 Nuclear Program Shutdown 2026-04-17
STOCKS UP ▲ 2026-04-17
The likelihood of Iran shutting down its nuclear program eased energy supply fears, boosting investor confidence and stock prices.

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APR 16 Closed: +0.26%
🇺🇸 Peace Deal Expectation 2026-04-16
STOCKS UP ▲ 2026-04-16
Optimism about potential ceasefire talks eased oil prices and inflation fears, boosting investor confidence in stocks.
🇺🇸 Treasury Yield Decline 2026-04-16
A record S&P 500 stock index reduced investor demand for safe assets, pushing mortgage rates lower.

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