Stocks have moved sharply higher over the course of the trading day on Wednesday, regaining ground following recent weakness. The Dow and the S&P 500 are bouncing well off their lowest levels since late 2020.
The major averages have seen further upside in recent trading, reaching new highs for the session. The Dow is up 461.89 points or 1.6 percent at 29,596.88, the Nasdaq is up 154.48 points or 1.4 percent at 10,983.96 and the S&P 500 is up 57.31 points or 1.6 percent at 3,704.60.
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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.