Stocks fluctuated early in the session on Monday but moved sharply higher over the course of the trading day. The major averages added to the strong gains posted in the previous session, with the Dow and the S&P 500 reaching their best closing levels in a month.
The major averages pulled back off their highs of the session going into the close but remained firmly positive. The Dow surged 417.06 points or 1.3 percent to 31,499.62, the Nasdaq advanced 92.90 points or 0.9 percent to 10,952.61 and the S&P 500 jumped 44.59 points or 1.2 percent to 3,797.34.
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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.