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How major US stock indexes fared Monday 5/18/2026

3:19 PM on Monday, May 18

Oil prices and stock markets worldwide kept swinging with uncertainty about what will happen with the Iran war

U.S. Treasury Secretary Scott Bessent speaks to the media after meeting Japanese Prime Minister Sanae Takaichi at the prime minister's office Tuesday, May 12, 2026, in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

Bessent grants a 30-day extension for Russian oil in tankers as Iran war squeezes supply

1:08 PM on Monday, May 18

Treasury Secretary Scott Bessent says the U.S. will give a 30-day extension for countries to import Russian oil already in tankers at sea

Marc Toberoff, attorney for Elon Musk, speaks to reporters outside the U.S. District Court, Monday, May 18, 2026, in Oakland, Calif. (AP Photo/Nathan Weyland)

Federal court rejects Elon Musk's claims against OpenAI, saying he filed his lawsuit too late

12:46 PM on Monday, May 18

A federal court on Monday dismissed claims filed against OpenAI and its top executives by Elon Musk, who accused them of betraying a shared vision for it to remain a nonprofit dedicated to guiding artificial intelligence’s development for the good of humanity

Editorial Roundup: United States

12:18 PM on Monday, May 18

This photo released by Moscow Region Governor Andrei Vorobyev's official telegram channel shows a house on fire after a Ukrainian attack in Khimki, just outside Moscow, Russia, on Sunday, May 17, 2026. (Moscow Region Governor Andrei Vorobyev's official telegram channel via AP)

Ukraine's attack on Moscow is another sign the war is not so distant anymore for Russians

12:09 PM on Monday, May 18

It’s getting harder for Kremlin officials to cast the war in Ukraine as something so distant that it doesn’t affect the daily routines of Russian civilians

UK police find cocaine worth $9.3 million stashed in a shipment of Kim Kardashian brand underwear

12:00 PM on Monday, May 18

British authorities have sentenced a truck driver to prison for smuggling cocaine in a shipment of Skims clothing

FILE - Gautam Adani, Indian billionaire and chairman of Adani Group, presides over the 51st Gems and Jewelry awards function in Jaipur, India, on Nov. 30, 2024. (AP Photo, File)

US prosecutors drop fraud charges against billionaire Indian businessman Gautam Adani

11:36 AM on Monday, May 18

U.S. prosecutors are moving to drop charges against Indian billionaire Gautam Adani, one of the world's richest men

Pelicans hire ex-Orlando coach Jamahl Mosley as New Orleans' next coach

10:29 AM on Monday, May 18

The New Orleans Pelicans have hired Jamahl Mosley as their next coach, ending interim coach James Borrego’s candidacy to retain his job on a permanent basis

A man collects his family's belongings from the rubble of a building destroyed in an Israeli airstrike the previous day in the southern village of Maarakeh, Lebanon, Sunday, May 17, 2026. (AP Photo/Mustafa Jamalddine)

Lebanon death toll reaches 3,000 in fighting between Israel and Hezbollah

10:28 AM on Monday, May 18

The death toll in the latest fighting between Israel and Hezbollah in Lebanon has surpassed 3,000

Director Na Hong-jin poses for photographers at the photo call for the film 'Hope' during the 79th international film festival, Cannes, southern France, Monday, May 18, 2026. (AP Photo/John Locher)

The breathless Korean sci-fi monster movie 'Hope' leaves the Cannes Film Festival floored

10:07 AM on Monday, May 18

Sprawling action movies with aliens do not generally compete for the Cannes Film Festival’s Palme d’Or

Luigi Mangione appears at a hearing in Manhattan Criminal Court in New York, Monday, May 18, 2026. (Jeenah Moon/Pool Photo via AP)

Judge allows gun and notebook as evidence at Mangione’s trial in UnitedHealthcare CEO’s killing

9:01 AM on Monday, May 18

A gun and notebook that prosecutors say link Luigi Mangione to the killing of UnitedHealthcare CEO Brian Thompson can be used as evidence at his murder trial

This grab from CCTV footage shows activists aboard a flotilla boat with their hands in the air as a boat approaches one of more than 50 vessels that departed from the port of Marmaris, Turkey, last week in what organizers of the Global Sumud Flotilla described as the final leg of their planned journey to Gaza's shores, in international waters Monday, May 18, 2026. (Global Sumud Flotilla via AP)

Israeli troops intercept a flotilla off Cyprus as it tries to breach the Gaza blockade

3:01 AM on Monday, May 18

The Israeli military has intercepted boats in international waters off the coast of Cyprus, part of a flotilla attempting to break Israel's naval blockade of Gaza

The sun shines down on Ushuaia, Argentina, Thursday, May 14, 2026. (AP Photo/Joel Reyero)

Argentina's icy outpost at the end of the world fears the hantavirus will chill tourism

2:01 AM on Monday, May 18

The city of Ushuaia in Argentina, which bills itself as the “end of the world,” has found itself at the center of a global media storm involving a deadly hantavirus outbreak on a cruise that departed from its port

FILE - Former Richneck Elementary School assistant principal Ebony Parker looks back into the courtroom during Abby Zwerner's lawsuit against her on Oct. 28, 2025, in Newport News, Va. (Stephen M. Katz/The Virginian-Pilot via AP, Pool, File)

Trial begins for former Virginia assistant principal after 6-year-old student shot teacher

12:56 AM on Monday, May 18

A former Virginia assistant principal is on trial, accused of ignoring warnings that a student brought a loaded gun to an elementary school

A Frontier Airlines jetliner sits outside a repair hangar at Denver International Airport, Monday, May 11, 2026. (AP Photo/David Zalubowski)

Summer travelers who relied on Spirit Airlines may struggle to find budget alternatives

6:10 PM on Sunday, May 17

The collapse of Spirit Airlines isn't the only curveball confronting people planning summer trips

Bilingual alternative pop band Luna Luna performs in the produce section of Fiesta Fresh Market in New Castle, Del., on Sunday, April 26, 2026. (AP Photo/Mingson Lau)

A Latino grocery store in Delaware turns its produce aisle into a music stage

11:00 PM on Friday, May 15

A family-owned Latino grocery store in Delaware is attracting online audiences and bands from far away with monthly concerts from diverse artists and genres

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