Following the sharp pullback seen in the previous session, stocks moved mostly higher over the course of the trading day on Friday. The major averages fluctuated after recovering from an early move to the downside but managed to close in positive territory.
The S&P 500 climbed 22.43 points or 0.6 percent to 3,844.82 and the Dow rose 176.44 points or 0.5 percent to 33,203.93, while the tech-heavy Nasdaq edged up 21.74 points or 0.2 percent to 10,497.86 after ending Thursday's trading at its lowest closing level in well over a month.
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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.