After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading session on Wednesday. The major averages have all moved to the upside, partly offsetting the steep losses posted in the previous session.
Currently, the tech-heavy Nasdaq is up 56.83 points or 0.5 percent at 12,137.33, and the S&P 500 is up 12.73 points or 0.3 percent at 4,132.31. The narrower Dow is posting a more modest gain, up 43.56 points or 0.1 percent at 33,728.09.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.