# Evening Market Recap - Thursday, 21-May

Page: https://stenobird.com/podcast/factset-evening-market-recap-378590/evening-market-recap-thursday-21-may
Text version: https://stenobird.com/podcast/factset-evening-market-recap-378590/evening-market-recap-thursday-21-may.md
Podcast: [FactSet Evening Market Recap](https://stenobird.com/podcast/factset-evening-market-recap-378590)
Published: 2026-05-21T20:15:00+00:00
Episode link: https://www.factset.com/podcasts
Audio file: https://episodes.captivate.fm/episode/a235348b-50de-4542-b7e9-5c11a0561569.mp3
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JSON: https://stenobird.com/v1/public/podcasts/factset-evening-market-recap-378590/episodes/evening-market-recap-thursday-21-may
Duration seconds: 352

## Resource

US equities were higher in Thursday trading. Stocks saw an afternoon rally following a Saudi media report that a mediated cease fire agreement could be announced later today. Beyond geopolitics, the momentum trade continued rebound after the recent selloff. It was helped in part by optimism about the AI demand narrative.

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## Transcript

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