Stocks have moved mostly lower during trading on Thursday, adding to the steep losses posted in the previous session. The major averages have all moved to the downside, with the Nasdaq hitting a six-month intraday low.
Currently, the major averages are well off their lows of the session but still firmly negative. The Dow is down 328.78 points or 0.7 percent at 45,896.37, the Nasdaq is down 134.40 points or 0.6 percent at 22,018.02 and the S&P 500 is down 35.39 points or 0.5 percent at 6,589.31.
For comments and feedback contact: editorial@rttnews.com
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.