Stocks may move to the downside in early trading on Tuesday, extending the pullback seen late in Friday's session. The major index futures are currently pointing to a moderately lower open for the markets, with the S&P 500 futures down by 0.3 percent.
Traders may continue to cash in on recent strength in the markets, which lifted the Nasdaq and the S&P 500 to their best levels in over a year last week.
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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.