After coming under pressure early in the session, stocks continue to see notable weakness in afternoon trading on Friday. With the pullback on the day, the major averages are partly offsetting the strong gains posted in the previous session.
Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 358.55 points or 1.1 percent at 31,888.00, the Nasdaq is down 82.98 points or 0.7 percent at 11,634.30 and the S&P 500 is down 40.26 points or 1.0 percent at 3,920.02.
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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.