Following the steep drop seen last week, stocks have shown another significant move to the downside in morning trading on Monday. The major averages have all slid firmly into negative territory, with the Nasdaq falling to its lowest intraday level in two months.
Currently, the major averages continue to post substantial losses. The Dow is down 553.62 points or 1.6 percent at 34,811.82, the Nasdaq is down 206.93 points or 1.4 percent at 14,962.76 and the S&P 500 is down 64.66 points or 1.4 percent at 4,555.98.
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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.