Stocks End Mixed as Investors Shrug Off U.S. Strikes in Iran

Global stocks ended mixed on May 26, 2026, as investors largely dismissed renewed military conflict after U.S. forces struck Iranian-backed targets. The subdued reaction signaled a market view that the escalation would not choke global oil supplies or trigger a wider war. Oil prices were similarly divergent, with Brent crude inching lower while West Texas Intermediate eked out a fractional gain. The tepid moves highlighted persistent but contained risks to consumers and the economy. Energy markets took in stride the direct U.S. action, as key Gulf production facilities and shipping lanes remained undisturbed. The S&P 500 and European benchmarks fluctuated within tight ranges, closing near flat. Traders avoided panic positioning, convinced that the confrontation would remain limited in scope and not disrupt supply chains.