Stocks continue to turn in a strong performance in afternoon trading on Thursday, with the major averages extending the rally seen over the two previous sessions. With the continued upward move, the S&P 500 is on pace to end the session at a new record closing high.
The tech-heavy Nasdaq has risen to a new high for the session in recent trading and is currently up 137.10 points or 0.9 percent at 15,658.99. The Dow is up 210.05 points or 0.6 percent at 35,963.94 and the S&P 500 is up 32.53 points or 0.7 percent at 4,729.09.
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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.