Stocks moved to the downside early in the session on Tuesday and remain mostly lower in afternoon trading. The tech-heavy Nasdaq has led the way lower, while the Dow is posting a more modest loss.
Currently, the Nasdaq is off its worst levels of the day but still down 177.15 points or 1.4 percent at 12,467.31. The S&P 500 is also down 19.79 points or 0.5 percent at 4,120.27 and the Dow is down 30.99 points or 0.1 percent at 32,801.55.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.