After an initial move to the upside, stocks have moved mostly lower over the course of the trading session on Tuesday. The Nasdaq and the S&P 500 have moved to the downside, although the narrower Dow is currently posting a modest gain.Currently, the Nasdaq is down 251.70 points or 1.1 percent at 23,340.41 and the S&P 500 is down 33.98 points or 0.5 percent at 6,942.46.The Dow, on the other hand, h...
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Business News
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.