Stocks moved sharply higher during trading on Thursday, regaining ground following the weakness seen to start the holiday-shortened week. The major averages all showed strong moves to the upside, with the Nasdaq leading the way higher.
The major averages moved roughly sideways going into the close, holding on to strong gains. The Nasdaq spiked 264.80 points or 2.6 percent to 10,478.09, the S&P 500 surged 66.06 points or 1.8 percent to 3,849.28 and the Dow jumped 345.09 points or 1.1 percent to 33,220.80.
For comments and feedback contact: editorial@rttnews.com
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.