Following the lackluster performance seen over the course of the previous session, stocks are seeing modest strength in mid-day trading on Wednesday. The major averages have all moved to the upside after ending Tuesday's trading nearly unchanged.
Currently, the major averages continue to hover in positive territory. The Dow is up 90.98 points or 0.3 percent at 34,666.29, the Nasdaq is up 35.83 points or 0.3 percent at 13,772.30 and the S&P 500 is up 13.80 points or 0.3 percent at 4,215.84.
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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.