Stocks moved modestly higher early in the session on Monday and are seeing continued strength in afternoon trading. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the advance.
Currently, the major averages are hovering near their best levels of the day. The Nasdaq is up 102.52 points or 0.7 percent at 14,216.27, the S&P 500 is up 13.33 points or 0.3 percent at 4,518.75 and the Dow is up 76.40 points or 0.2 percent at 34,585.43.
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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.