Stocks have moved sharply lower in morning trading on Friday as trading resumes following the Thanksgiving Day holiday on Thursday. With the steep drop on the day, the Dow has tumbled to its lowest intraday level in over a month.
The major averages have seen further downside in recent trading, falling to new lows for the session. The Dow is down 915.43 points or 2.6 percent at 34,888.95, the Nasdaq is down 256.28 points or 1.6 percent at 15,588.95 and the S&P 500 is down 90.33 points or 1.9 percent at 4,611.13.
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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.