Stocks showed a notable move to the downside in morning trading on Wednesday but staged a significant recovery attempt in afternoon trading. The major averages bounced well off their lows of the session, with the S&P 500 managing to close in positive territory.
The major averages finished the day narrowly mixed. While the S&P 500 inched up 3.94 points or 0.1 percent to 4,475.01, the Dow dipped 54.57 points or 0.2 percent to 34,934.27 and the Nasdaq edged down 15.66 points or 0.1 percent to 14,124.10.
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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.