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BlockBeats reports that on May 20, according to Bitget market data, after Trump stated that US-Iran negotiations have entered the "final stage", spot gold surged sharply, breaking through $4,550 per ounce. Both WTI and Brent crude oil prices plunged $3 in the short term, to $101.08/barrel and $100.31/barrel respectively. The three major US stock indexes continued to rise, each climbing more than 1%.

Golden Ten Data reported on May 20 that energy and commodities analyst Javier Blas stated: “Trump has once again said that negotiations with Iran have entered the final stage. I recommend that the market remains highly skeptical of this, as the President has made similar statements about war in the past. All in all, no matter what you think of Trump, you have to admit that he is truly very good at using his remarks to influence the oil market—extremely, extremely good.”

Gelonghui, May 20th｜US retail giant Target (TGT.US) dropped as much as 8% intraday, hitting a low of $117.05. According to reports, Target’s adjusted earnings per share for the first quarter came in at $1.71, higher than the analyst average expectation of $1.46; same-store sales grew by 5.6%, also surpassing analysts’ forecasts of 2.5%. The company’s CEO stated that while the performance guidance has been updated, given the many challenges ahead and persistent uncertainties in the macroeconomic environment, the outlook remains cautious. (Gelonghui)