Largely mirroring the activity seen in the previous session, stocks continue to turn in a lackluster performance in mid-day trading on Wednesday. While the Dow has been stuck in the red, the broader Nasdaq and S&P 500 have spent the day bouncing back and forth across the unchanged line.
Currently, the major averages are posting modest losses. The Dow is down 149.31 points or 0.4 percent at 33,835.62, the Nasdaq is down 50.11 points or 0.4 percent at 14,040.10 and the S&P 500 is down 2.82 points or 0.1 percent at 4,183.90.
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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.