Stocks are mostly higher in morning trading on Monday, partly offsetting the steep losses posted in the previous session. The major averages have all moved to the upside, although the tech-heavy Nasdaq is outperforming its counterparts.
The Dow has pulled back well off its highs of the session but currently remains up 137.19 points or 0.5 percent at 30,119.81. The Nasdaq is more firmly positive, up 192.19 points or 1.5 percent at 13,262.89, and the S&P 500 is up 34.20 points or 0.9 percent at 3,748.44.
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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.