Stocks have shown a significant rebound over the course of the trading day on Monday after coming under considerable pressure early in the session. The major averages have bounced well off their worst levels of the day.
Currently, the major averages are turning in a mixed performance. While the Dow is down 17.32 points or 0.1 percent at 24,083.19, the Nasdaq is up 20.82 points or 0.3 percent at 6,931.48 and the S&P 500 is up 0.80 points or less than a tenth of a percent at 2,600.75.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.