The market awaits GDP, as well as Federal Reserve Chairman Jerome Powell's remarks on U.S. economy on Thursday. Asian shares closed mostly negative, while European shares are trading broadly lower. Initial trends on U.S. Futures Index suggest that Wall Street might be open moderately up. As of 7.45 am ET, the Dow futures were gaining 3.00 points, the S&P 500 futures were adding 2.25 points and the...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.