U.S. stocks closed on a weak note on Tuesday as rising tensions between the U.S. and China, and signs of slowing global growth weighed on sentiment.Hawkish comments from a couple of Federal Reserve officials weighed as well.The major averages all ended in negative territory although the S&P 500 and the Nasdaq managed to spend some time above the flat line.In addition to digesting the latest batch ...
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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.