Stocks have moved sharply lower during trading on Friday, giving back ground following the strength seen in the previous session. The major averages have all shown notable moves to the downside on the day.Currently, the Dow is down 495.24 points or 1 percent at 49,568.22, the Nasdaq is down 316.72 points or 1.2 percent at 26,318.50 and the S&P 500 is down 71.77 points or 1 percent at 7,429.47.The ...
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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.