After initially showing a lack of direction, stocks have moved mostly higher over the course of the morning trading on Wednesday. The major averages have climbed more firmly into positive territory after bouncing back and forth across the unchanged line in early trading.
The major averages have pulled back off their highs in recent trading but currently remain positive. The Dow is up 85.19 points or 0.3 percent at 31,190.16, the Nasdaq is up 82.93 points or 0.7 percent at 11,716.50 and the S&P 500 is up 17.54 points or 0.5 percent at 3,950.23.
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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.