U.S. stocks are mostly lower in mid-day trading on Wednesday, weighing on the Nasdaq and the S&P 500. However, the narrower Dow has bucked the downtrend amid strong gains by Dow Inc. (DOW) and Caterpillar (CAT).
Currently, the major averages are turning in a mixed performance. While the Dow is up 104.28 points or 0.3 percent at 32,930.23, the Nasdaq is down 174.95 points or 1.3 percent at 13,296.62 and the S&P 500 is down 18.69 points or 0.5 percent at 3,944.02.
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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.