After moving mostly higher early in the session, stocks have seen further upside over the course of the trading day on Thursday. With the upward move, the Dow has reached its best intraday level in almost two months.
Currently, the major averages are hovering near the best levels of the day. The Dow is up 269.99 points or 0.8 percent at 33,916.49, the Nasdaq is up 196.17 points or 1.6 percent at 12,125.51 and the S&P 500 is up 39.47 points or 1.0 percent at 4,131.42.
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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.