After ending the previous session mostly lower, stocks saw further downside during trading on Friday. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq showing a particularly steep drop.
The major averages climbed off their worst levels of the day but still closed firmly in negative territory. The Dow fell 196.86 points or 0.5 percent to 33,614.80, the Nasdaq tumbled 224.50 points or 1.6 percent to 13,313.44 and the S&P 500 slid 34.62 points or 0.8 percent to 4,328.87.
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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.