After coming under pressure at the start of trading on Friday, stocks have regained ground over the course of the morning. The major averages have climbed well off their early lows and are now lingering near the unchanged line.
Currently, the major averages are narrowly mixed. While the Dow is up by 11.78 points or less than a tenth of a percent at 34,201.75, the Nasdaq is down 9.04 points or 0.1 percent at 10,992.06 and the S&P 500 is down 8.04 points or 0.2 percent at 3,975.13.
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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.