After moving seeing modest strength early in the session, stocks have seen some further upside over the course of the trading day on Friday. With the upward move on the day, the Nasdaq and the S&P 500 have reached new record intraday highs.
Currently, the major averages are just off their highs of the session. The Dow is up 120.48 points or 0.3 percent at 34,736.01, the Nasdaq is up 71.20 points or 0.5 percent at 14,593.57 and the S&P 500 is up 19.40 points or 0.5 percent at 4,339.34.
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Business News
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.