Stocks have moved sharply higher during trading on Tuesday, regaining ground after coming under pressure over the course of the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the charge.
Currently, the major averages are well off their highs of the session but still firmly positive. The Nasdaq is up 353.11 points or 1.7 percent at 21,147.75, the S&P 500 is up 80.08 points or 1.3 percent at 6,423.80 and the Dow is up 422.93 points or 0.9 percent at 45,639.07.
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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.