Stocks have shown a strong move to the upside in morning trading on Thursday, extending the rally seen in the previous session. With the continued advance, the major averages have reached their best intraday levels in three months.
The major averages have pulled back off their highs in recent trading but remain firmly positive. The Dow is up 289.81 points or 0.9 percent at 33,599.32, the Nasdaq is up 129.30 points or 1 percent at 12,984.10 and the S&P 500 is up 38.82 points or 0.9 percent at 4,249.06.
For comments and feedback contact: editorial@rttnews.com
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.