After moving sharply higher over the two previous sessions, the major U.S. stock indexes turned in a mixed performance during trading on Friday. While the Dow gave back ground, the tech-heavy Nasdaq saw further upside, closing higher for the third straight day.
The major averages finished the choppy trading day on opposite sides of the unchanged line. The Dow slid 285.30 points or 0.6 percent to 49,098.71, but the S&P 500 inched up 2.26 points or less than a tenth of a percent to 6,915.61 and the Nasdaq rose 65.22 points or 0.3 percent to 23,501.24.
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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.