After moving sharply lower early in the session, stocks continue to see significant weakness in afternoon trading on Tuesday. With the steep drop on the day, the major averages have once again fallen to their lowest levels in a month.
Currently, the major averages are off their worst levels of the day but still firmly negative. The Dow is down 295.43 points or 0.9 percent at 31,803.56, the Nasdaq is down 170.06 points or 1.4 percent at 11,847.61 and the S&P 500 is down 46.24 points or 1.2 percent at 3,984.37.
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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.