Stocks have moved mostly higher during trading on Monday, extending the strong upward move seen over the two previous sessions. With the advance, the major averages continue to climb off their recent lows.
Currently, the major averages are off their highs of the session but still firmly positive. The Dow is up 138.63 points or 0.4 percent at 33,529.60, the Nasdaq is up 101.16 points or 0.9 percent at 11,790.17 and the S&P 500 is up 25.77 points or 0.6 percent at 4,71.41.
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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.