After coming under pressure in morning trading on Friday, stocks fluctuated in the afternoon but still ended the day firmly negative. The major averages extended the steep drop seen on Thursday, with the Dow ending the session at its lowest closing level since early December.
The Dow and the S&P 500 briefly peeked above the unchanged in late-day trading, but moved lower going into the close. The Dow slid 232.85 points or 0.7 percent to 34,079.18, the Nasdaq tumbled 168.65 points or 1.2 percent to 13,548.07 and the S&P 500 fell 31.39 points or 0.7 percent to 4,348.87.
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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.