Following the extreme volatility seen during Wednesday's session, stocks moved sharply higher over the course of the trading day on Thursday. With the strong upward move, the Dow and the S&P 500 reached their best closing levels in nearly two months.
The major averages pulled back off their best levels going into the close but still posted significant gains. The Dow jumped 383.19 points or 1.1 percent to 34,029.69, the Nasdaq spiked 236.93 points or 2.0 percent to 12,166.27 and the S&P 500 surged 54.27 points or 1.3 percent to 4,146.22.
For comments and feedback contact: editorial@rttnews.com
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.