After recovering from initial weakness, stocks have moved back to the downside in recent trading on Friday. The major averages have pulled back firmly into negative territory after briefly peeking above the unchanged line.
Currently, the tech-heavy Nasdaq is down 153.01 points or 1.3 percent at 12,047.81 and the S&P 500 is down 39.96 points or 1.0 percent at 4,139.80. The narrower Dow is posting a more modest loss, down 154.57 points or 0.5 percent at 33,899.37.
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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.