Stocks moved modestly higher at the start of trading on Thursday but have come under pressure over the course of the morning. The major averages have all pulled back into negative territory, adding to the losses posted in the previous session.
The major averages have climbed off their worst levels in recent trading but currently remain in the red. The Dow is down 186.59 points or 0.5 percent at 35,744.46, the Nasdaq is down 25.48 points or 0.2 percent at 15,896.09 and the S&P 500 is down 5.90 points or 0.1 percent at 4,682.77.
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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.