After seeing modest weakness earlier in the session, stocks are nearly flat in early afternoon trading on Tuesday. The lackluster performance comes after the Nasdaq and the S&P 500 ended the previous session at record closing highs.
Currently, the major averages are lingering near the unchanged line. While the S&P 500 is up 0.27 points or less than a tenth of a percent at 4,187.89, the Dow is down 28.67 points or 0.1 percent at 33,952.90 and the Nasdaq is down 25.70 points or 0.2 percent at 14,113.08.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.