Stocks have moved mostly lower in morning trading on Wednesday, giving back ground after moving sharply higher over the three previous sessions. The major averages have all moved to the downside, with the Dow pulling back off its best closing level in well over two months.
Currently, the major averages are just off their lows of the session. The Dow is down 289.41 points or 0.9 percent at 32,871.42, the Nasdaq is down 132.83 points or 1.3 percent at 10,483.37 and the S&P 500 is down 37.45 points or 1.0 percent at 3,790.66.
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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.