Stocks have shown a lack of direction over the course of the trading session on Monday, with the major averages bouncing back and forth across the unchanged line.
Currently, the major averages are posting modest losses. The Dow is down 88.33 points or 0.2 percent at 47,059.15, the Nasdaq is down 27.44 points or 0.1 percent at 22,873.15 and the S&P 500 is down 11.10 points or 0.2 percent at 6,723.01.
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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.