Stocks have shown a strong move to the upside in morning trading on Tuesday as traders return to their desks following the long holiday weekend. The major averages have all moved sharply higher after ending last Friday's extremely volatile session mixed.
Currently, the major averages are just off their highs of the session. The Dow is up 535.34 points or 1.8 percent at 30,424.12, the Nasdaq is up 325.88 points or 3 percent at 11,124.23 and the S&P 500 is up 92.33 points or 2.5 percent at 3,767.17.
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.