While the Dow has climbed to a new record intraday high in morning trading on Monday, the tech-heavy Nasdaq has shown a substantial move to the downside. The S&P 500 has spent the morning bouncing back and forth across the unchanged line.
Currently, the major averages are turning in a mixed performance. The Dow is up 192.76 points or 0.6 percent at 34,970.52, but the Nasdaq is down 232.49 points or 1.7 percent at 13,519.75 and the S&P 500 is down 11.53 points or 0.3 percent at 4,221.07.
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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.