After falling sharply early in the session, stocks continue to see significant weakness in mid-day trading on Tuesday. The sell-off on the day comes after the major averages turned in a mixed performance during the previous session.
Currently, the major averages are all posting steep losses on the day. The Dow is down 489.46 points or 1.4 percent at 34,379.91, the Nasdaq is down 376.32 points or 2.5 percent at 14,593.65 and the S&P 500 is down 82.69 points or 1.9 percent at 4,360.42.
For comments and feedback contact: editorial@rttnews.com
Business News
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.