After turning in a strong performance last week, stocks showed a lack of direction over the course of the trading session on Monday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing modestly higher.
The Dow rose 95.31 points or 0.2 percent to 49,704.47, the Nasdaq inched up 27.05 points or 0.1 percent to 26,274.13 and the S&P 500 edged up 13.91 points or 0.2 percent to 7,412.84.
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Market Analysis
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.