After moving higher at the start of trading on Tuesday, stocks have given back ground over the course of the morning. The major averages have pulled back off their highs of the young session and into negative territory.
Currently, the Dow is down 137.64 points or 0.4 percent at 34,731.99 after snapping a five-session losing streak on Monday. The S&P 500 is also down 9.13 points or 0.2 percent at 4,459.60, while the Nasdaq has been bouncing back and forth across the unchanged line and is currently down just 1.66 points at 15,103.92.
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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.