Stocks have moved mostly higher during trading on Thursday, with the major averages all moving to the upside after ending yesterday's volatile session mixed. The advance has lifted the major averages to new record intraday highs.
The major averages have pulled back off their best levels in recent trading but currently remain positive. The Nasdaq is up 230.81 points or 1.0 percent at 22,492.13, the S&P 500 is up 37.55 points or 0.6 percent at 6,637.90 and the Dow is up 126.52 points or 0.3 percent at 46,144.84.
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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.