After moving to the downside early in the session, stocks have shown a notable turnaround over the course of the trading day on Thursday. The major averages have climbed well off their lows of the session and into positive territory.
Currently, the Nasdaq and S&P 500 are just off their highs of the session. The Nasdaq is up 144.75 points or 0.5 percent at 26,819.49 and the S&P 500 is up 33.22 points or 0.4 percent at 7,553.58, although the narrower Dow is up just 5.11 points or less than a tenth of a percent at 50,649.39.
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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.