After moving sharply higher early in the session, stocks continue to see substantial strength in afternoon trading on Wednesday. The major averages have all rebounded strongly after closing lower for four consecutive sessions.
The major averages have pulled back off their best levels in recent trading but continue to post strong gains. The Dow is up 663.89 points or 2 percent at 33,296.53, the Nasdaq is up 420.40 points or 3.3 percent at 13,215.95 and the S&P 500 is up 104.91 points or 2.5 percent at 4,275.61.
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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.