Stocks have moved notably higher in morning trading on Friday, extending the strong upward move seen over the two previous sessions. With the continued advance, the major averages are on pace to snap a three-week losing streak.
Currently, the major averages are just off their highs of the session. The Dow is up 270.17 points or 0.9 percent at 32,044.69, the Nasdaq is up 171.22 points or 1.4 percent at 12,033.35 and the S&P 500 is up 42.54 points or 1.1 percent at 4,408.72.
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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.