After showing a lack of direction earlier in the session, stocks have moved mostly lower over the course of the trading day on Monday. The major averages are adding to the steep losses posted last week, with the Dow falling to its lowest intraday level in almost two years.
Currently, the major averages are just off their worst levels of the day. The Dow is down 358.90 points or 1.2 percent at 29,231.51, the Nasdaq is down 58.25 points or 0.5 percent at 10,809.68 and the S&P 500 is down 40.66 points or 1.1 percent at 3,652.57.
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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.