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U.S. Stocks Advance As Traders Seem Relieved Inflation Was Not Worse

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Stocks have moved mostly higher in morning trading on Wednesday, extending the notable upward move seen over the course of the previous session. The major averages continue to offset the pullback seen to start the New Year.

Currently, the major averages are all in positive territory, with the tech-heavy Nasdaq posting another standout gain. While the Nasdaq is up 149.20 points or 1 percent at 15,302.65, the S&P 500 is up 30.07 points or 0.6 percent at 4,743.14 and the Dow is up 114.00 points or 0.3 percent at 36,366.02.

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Global Economics Weekly Update -May 18 – May 22, 2026

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.

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