After moving to the downside early in the session, the major U.S. stock indexes have turned mixed over the course of the trading day on Tuesday. While the Dow remains firmly in the red, the tech-heavy Nasdaq has climbed into positive territory.
Currently, the Nasdaq is up 35.45 points or 0.3 percent at 12,400.66 after reaching its best intraday level in well over eight months. Meanwhile, the Dow is down 200.45 points or 0.6 percent at 33,148.15 and the S&P 500 is down 8.94 points or 0.2 percent at 4,127.34.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.