After turning lower early in the session, stocks have seen some further downside over the course of the trading day on Friday. The major averages have slid more firmly into negative territory, with the Dow on pace to its extended its recent losing streak.
Currently, the major averages are off their worst levels of the day but still in the red. The Dow is down 143.40 points or 0.4 percent at 33,166.11, the Nasdaq is down 96.31 points or 0.8 percent at12,232.20 and the S&P 500 is down 24.92 points or 0.6 percent at 4,105.70.
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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.