Stocks have moved mostly lower during trading on Friday, extending the downward move seen over the two previous sessions. With the extended slump, the major averages have dropped to their lowest intraday levels in several months.
Currently, the major averages are off their lows of the session but still firmly negative. The Nasdaq is down 252.42 points or 1.1 percent at 21,838.28, the S&P 500 is down 52.39 points or 0.8 percent at 6,554.10 and the Dow is down 199.99 points or 0.4 percent at 45,821.44.
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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.