Stocks have moved mostly lower in morning trading on Monday, with the major averages all moving to the downside after ending last Friday's trading narrowly mixed.
Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 235.84 points or 0.7 percent at 34,194.04, the Nasdaq is down 114.65 points or 1.0 percent at 11,346.85 and the S&P 500 is down 37.22 points or 0.9 percent at 4,034.48.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.