Stocks have shown a lack of direction over the course of morning trading on Monday, extending the lackluster performance seen last Friday. The major averages have spent the morning bouncing back and forth across the unchanged line.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is down 7.96 points or 0.1 percent at 12,064.50, the Dow is up 73.90 points or 0.2 percent at 33,882.86 and the S&P 500 is up 7.01 points or 0.2 percent at 4,140.53.
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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.