After coming under pressure early in the session, stocks have shown a significant turnaround over the course of the trading day on Thursday. The major averages have climbed well off their early lows and firmly into positive territory.
Currently, the major averages are hovering near their best levels of the day. The Dow is up 236.41 points or 0.7 percent at 32,434.00, the Nasdaq is up 51.46 points or 0.4 percent at 12,083.89 and the S&P 500 is up 30.41 points or 0.8 percent at 4,054.02.
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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.