Stocks showed a strong move to the upside early in the session on Tuesday and continue to turn in a strong performance in afternoon trading. After ending Monday's trading modestly lower, the major averages have all moved sharply higher on the day.
The major averages have moved roughly sideways in recent trading, hovering near their best levels of the day. The Dow is up 410.86 points or 1.2 percent at 34,822.55, the Nasdaq is up 245.01 points or 1.8 percent at 13,577.36 and the S&P 500 is up 57.03 points or 1.3 percent at 4,448.72.
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Business News
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.