Stocks have shown a significant move to the upside over the course of the trading day on Friday, largely offsetting the pullback seen in the previous session. The tech-heavy Nasdaq has led the way higher, reaching its best intraday level in almost two months.
The major averages have pulled back off their best levels in recent trading but remain firmly positive. The Nasdaq is up 203.92 points or 1.5 percent at 13,725.36, the S&P 500 is up 45.70 points or 1.1 percent at 4,393.05 and the Dow is up 236.00 points or 0.7 percent at 34,127.94.
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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.