After an early move to the upside, stocks remain mostly positive in afternoon trading on Monday. The major averages are extending the strong upward move seen last Friday, with the tech-heavy Nasdaq leading the way higher.
In recent trading, the major averages have reached new highs for the session. The Dow is up 189.61 points or 0.6 percent at 34,915.08, the Nasdaq is up 337.16 points or 2.5 percent at 14,107.73 and the S&P 500 is up 53.22 points or 1.2 percent at 4,485.07.
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.