After showing a strong move to the upside early in the session, stocks continue to see considerable strength in mid-day trading on Wednesday. The advance on the day has lifted the Nasdaq and the S&P 500 to new record intraday highs.
Currently, the major averages are off their highs of the session but still firmly positive. The Dow is up 187.57 points or 0.6 percent at 31,118.09, the Nasdaq is up 226.81 points or 1.7 percent at 13,423.99 and the S&P 500 is up 42.13 points or 1.1 percent at 3,841.04.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.