Stocks fluctuated over the course of the trading session on Wednesday before eventually closing mostly higher. The major averages added to the strong gains posted on Tuesday, with the Dow reaching a seven-month closing high.
The major averages all finished the day in positive territory, led by the tech-heavy Nasdaq. While the Nasdaq jumped 110.91 points or 1.0 percent to 11,285.32, the S&P 500 climbed 23.68 points or 0.6 percent to 4,027.26 and the Dow rose 95.96 points or 0.3 percent to 34,194.06.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.