Stocks moved sharply lower over the course of the trading day on Wednesday, largely offsetting the upward move seen over the two previous sessions. The major averages all showed significant moves to the downside, with the Dow and the S&P 500 dropping to nearly four-month lows.
The major averages ended the day just off their lows of the session. The Dow plunged 768.11 points or 1.6 percent to 46,225.15, the Nasdaq tumbled 327.11 points or 1.5 percent to 22,152.42 and the S&P 500 slumped 91.39 points or 1.4 percent to 6,624.70.
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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.