Stocks have moved sharply lower in morning trading on Tuesday, with the major averages all showing significant moves to the downside following the mixed performance seen last Friday. With the drop, the Dow has fallen to its lowest intraday level in almost a month.
Currently, the major averages are just off their lows of the session. The Dow is down 486.18 points or 1.4 percent at 33,340.51, the Nasdaq is down 204.35 points or 1.7 percent at 11,582.92 and the S&P 500 is down 56.39 points or 1.4 percent at 4,022.70.
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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.