Stock futures are little changed with S&P 500 on track for winning week

Stock futures are little changed with S&P 500 on track for winning week

May 27, 2022 by CNBC

Key Facts

  • The S&P 500 climbed about 2% and the Nasdaq Composite rose nearly 2.7%. A batch of strong earnings from the retail sector boosted market sentiment Thursday.
  • The Dow is up 4.4%, the S&P 500 is 4% higher and the Nasdaq Composite is up 3.4% on the week.
  • Still, the averages are well off their highs, with the Nasdaq Composite solidly in bear market territory and the S&P 500 having briefly dipped more than 20% below its record last week.
  • STOCK PICKS AND INVESTING TRENDS FROM CNBC PRO: The Nasdaq after Thursday's close is down 27.6% from its record, while the S&P 500 and Dow are off by 15.8% and 11.7%, respectively.

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