Stocks have moved mostly higher in morning trading on Wednesday, with technology stocks leading the advance. The tech-heavy Nasdaq has shown a strong move to the upside, while the S&P 500 has also climbed firmly into positive territory.
Currently, the Nasdaq is up 229.58 points or 1.8 percent at 13,274.97 and the S&P 500 is up 24.94 points or 0.6 percent at 3,983.49. Meanwhile, the narrower Dow has shown a lack of direction and is up just 5.35 points or less than a tenth of a percent at 33,072.31.
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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.