Extending the upward trend seen over the past several sessions, stocks have moved modestly higher during trading on Monday. With the continued advance, the Nasdaq and the S&P 500 have once again reached new record intraday highs.
Currently, the Nasdaq is up 66.81 points or 0.3 percent at 21,175.13 and the S&P 500 is up 4.34 points or 0.1 percent at 6,392.98. The narrower Dow, on the other hand, is down 23.49 points or 0.1 percent at 44,878.43.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.