After turning in a strong performance in the previous session, stocks moved back to the downside during trading on Thursday. The major averages all moved lower, with the Dow slumping to its lowest closing level in well over two months.
The major averages saw a notable recovery attempt in the final hour of trading but still closed in negative territory. The Dow tumbled 784.67 points or 1.6 percent to 47,954.74, the S&P 500 slid 38.79 points or 0.6 percent to 6,830.71 and the Nasdaq fell 58.50 points or 0.3 percent to 22,748.99.
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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.