Stocks moved sharply lower in early trading on Monday and have seen further downside over the course of the session. The major averages have all come under pressure after ending last Friday's trading narrowly mixed.
The major averages have moved roughly sideways in recent trading, lingering near their worst levels of the day. The Dow is down 419.36 points or 1.2 percent at 34,010.52, the Nasdaq is down 197.67 points or 1.7 percent at 11,263.82 and the S&P 500 is down 65.42 points or 1.6 percent at 4,006.28.
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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.