After coming under pressure early in the session, technology stocks have seen further downside over the course of the trading day on Friday. The weakness in the sector continues to weigh on the tech-heavy Nasdaq in afternoon trading.
Currently, the Nasdaq is off its worst levels but remains down 131.84 points or 0.9 percent at 15,083.86. The S&P 500 is also down 9.64 points or 0.2 percent at 4,540.14, while the Dow is up 44.63 points or 0.1 percent at 35,647.71.
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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.