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By Rodrigo Santos Andrade
#yahoofinance #business #stockmarket
Daily Market Coverage – May 15, 2026 9AM-11AM (ET)
9:00am Morning Brief
9:30am Opening Bid
10:00am Market Catalysts
US stocks sank on Friday, retreating from record highs as inflation worries preyed on markets busy gauging the success of the Trump-Xi summit in China.
The tech-heavy Nasdaq Composite (^IXIC) tumbled 1.3%, while the S&P 500 (^GSPC) fell 0.9% after surging to all-time closing highs on Thursday. The Dow Jones Industrial Average (^DJI) lost 0.6%, dropping back below the 50,000 level as stocks came under pressure.
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