Stocks have shown a strong move to the upside in morning trading on Thursday, with the Dow reaching another new record intraday high. Technology stocks have helped lead the way higher, resulting in a sharp increase by the tech-heavy Nasdaq.
Currently, the major averages are all posting notable gains, although the Nasdaq is outperforming its counterparts. While the Nasdaq is up 251.24 points or 1.9 percent at 13,320.07, the Dow is up 270.03 points or 0.8 percent at 32,567.05 and the S&P 500 is up 40.85 points or 1.1 percent at 3,939.66.
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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.