Extending a recent upward trend, the Nasdaq and the S&P 500 reached new record closing highs during trading on Thursday. The narrower Dow bucked the uptrend, however, with the blue chip index closing modestly lower.
The tech-heavy Nasdaq climbed 128.72 points or 0.8 percent to 15,940.31 and the S&P 500 rose 19.39 points or 0.4 percent to 4,680.06, while the Dow climbed well off its worst levels going into the close but still edged down 33.35 points or 0.1 percent to 3,612.23.
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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.