Stocks have moved mostly higher in morning trading on Thursday, regaining ground following the sell-off seen late in the previous session. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the advance.
The major averages have moved roughly sideways in recent trading, hovering near their best levels of the day. The Nasdaq is up 204.81 points or 1.8 percent at 11,874.76, the S&P 500 is up 42.31 points or 1.1 percent at 3,979.28 and the Dow is up 249.36 points or 0.8 percent at 32,279.47.
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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.