After moving notably higher to start the week, stocks have shown another strong move to the upside in morning trading on Thursday. The major averages have all climbed firmly into positive territory, bouncing further off last week's multi-month lows.
Currently, the major averages are off their highs of the session but still holding onto strong gains. The Dow is up 273.72 points or 0.8 percent at 33,548.30, the Nasdaq is up 140.29 points or 1.1 percent at 13,201.76 and the S&P 500 is up 47.22 points or 1.1 percent at 4,285.08.
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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.