After trending higher over the past several sessions, stocks are giving back some ground during trading on Wednesday. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued.
Currently, the major averages are off their lows of the session but still in the red. The Dow is down 390.52 points or 0.8 percent at 50,917.27, the Nasdaq is down 190.21 points or 0.7 percent at 26,903.69 and the S&P 500 is down 36.93 points or 0.5 percent at 7,572.85.
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Business News
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.