Stocks have moved modestly higher in morning trading on Tuesday, extending the upward move seen in the previous session. With the continued advance, the Nasdaq and the S&P 500 have reached new record intraday highs.
Currently, the major averages are all in positive territory. The Dow is up 51.51 points or 0.2 percent at 35,387.22, the Nasdaq is up 74.34 points or 0.5 percent at 15,017.00 and the S&P 500 is up 10.15 points or 0.2 percent at 4,489.68.
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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.