Following the pullback seen over the two previous sessions, stocks have regained some ground in morning trading on Thursday. The tech-heavy Nasdaq has shown a notable rebound, while the S&P 500 has also moved to the upside.
Currently, the Nasdaq is up 120.52 points or 0.8 percent at 15,743.23 and the S&P 500 is up 10.79 points or 0.2 percent at 4,657.50. The Dow has bucked the uptrend, however, with the blue chip index slipping 81.07 points or 0.2 percent at 35,998.87.
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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.