After showing a strong move to the upside early in the session, the Dow remains firmly in positive territory in mid-day trading on Wednesday. Meanwhile, the tech-heavy Nasdaq has spent the day bouncing back and forth across the unchanged line.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is down 54.99 points or 0.4 percent at 13,172.70, the Dow is up 309.79 points or 1 percent at 32,732.94 and the S&P 500 is up 22.69 points or 0.6 percent at 3,933.21.
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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.