After failing to sustain an initial move to the upside, stocks have shown a lack of direction over the course of the trading session on Friday. The choppy trading reflects an extension of the volatility seen over the past several days.
Currently, the major averages continue to turn in a mixed performance. While the Nasdaq is down 49.11 points or 0.4 percent at 11,095.85, the Dow is up 95.85 points or 0.3 percent at 33,642.17 and the S&P 500 is up 2.63 points or 0.1 percent at 3,949.19.
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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.