Stocks continue to see significant strength in early afternoon trading on Thursday, with the major averages extending the strong upward move seen in the previous session. With the continued advance, the major averages have offset the sell-off seen on Monday.
In recent trading, the Dow reached a new high for the session. Currently, the Dow is up 547.28 points or 1.6 percent at 34,805.60, the Nasdaq is up 132.51 points or 0.9 percent at 15,029.36 and the S&P 500 is up 57.23 points or 1.3 percent at 4,452.87.
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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.