After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading session on Thursday. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the advance.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 113.95 points or 0.9 percent at 13,218.85, the S&P 500 is up 22.49 points or 0.5 percent at 4,290.01 and the Dow is up 166.69 points or 0.5 percent at 33,831.71.
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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.