Stocks have moved mostly lower over the course of the trading day on Tuesday, with the major averages all moving to the downside after ending yesterday's session mixed. The tech-heavy Nasdaq has shown a notable decline.
Currently, the major averages are off their lows of the session but still in negative territory. The Nasdaq is down 269.07 points or 1 percent at 25,821.67, the S&P 500 is down 50.58 points or 0.7 percent at 7,352.47 and the Dow is down 175.35 points or 0.4 percent at 49,510.77.
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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.