Stocks have moved mostly higher in morning trading on Thursday, extending the rally seen late in the previous session. The tech-heavy Nasdaq has shown a particularly strong upward move, reaching its best levels since last September.
In recent trading, the Nasdaq and S&P 500 have reached new highs for the session. The Nasdaq is up 351.45 points or 3.0 percent at 12,167.77, while the S&P 500 is up 59.65 points or 1.5 percent at 4,178.86.
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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.