Following the strong upward move seen over the past several sessions, stocks may turn in a lackluster performance in early trading on Friday. The major index futures are currently pointing to a mixed open for the markets, with the Dow futures up by 0.2 percent and the Nasdaq futures down by 0.3 percent.
A steep drop by shares of Snap Inc. (SNAP) is likely to weigh on the tech-heavy Nasdaq, with the Snapchat parent plunging by 32.6 percent in pre-market trading.
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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.