After moving sharply lower early in the session, stocks have seen further downside over the course of the trading day on Tuesday. The major averages have all shown significant moves to the downside after ending last Friday's mixed.
In recent trading, the major averages have fallen to new lows for the session. The Dow is down 631.76 points or 1.9 percent at 33,194.93, the Nasdaq is down 260.03 points or 2.2 percent at 11,527.24 and the S&P 500 is down 76.36 points or 1.9 percent at 4,002.73.
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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.