With traders reacting positively to a slew of U.S. economic data, stocks showed a strong move to the upside during trading on Thursday. The major averages all moved notably higher after ending Wednesday's trading narrowly mixed.
The major averages pulled back off their highs of the session going into the close but remained firmly in positive territory. The Dow jumped 331.58 points or 1.0 percent to 34,907.11, the Nasdaq climbed 112.47 points or 0.8 percent to 13,926.05 and the S&P 500 advanced 37.66 points or 0.8 percent to 4,505.10.
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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.