Stocks have moved modestly lower during trading on Monday, adding to the steep losses posted during last Friday's session. The major averages have all moved to the downside, with the Nasdaq and S&P 500 pulling back further off their record highs.
Currently, the Dow is down 31.48 points or 0.1 percent at 49,494.69, the S&P 500 is down 22.24 points or 0.3 percent at 7,386.26 and the Nasdaq is down 166.19 points or 0.6 percent at 26,058.95.
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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.