After an initial move to the downside, stocks have shown a lack of direction over the course of the trading day on Thursday. The major averages climbed off their early lows but have been bouncing back and forth across the unchanged line since then.
Currently, the major averages are turning in a mixed performance. While the Nasdaq is up 48.66 points or 0.4 percent at 13,550.86, the S&P 500 is down 1.88 points or less than a tenth of a percent at 4,363.81 and the Dow is down 61.91 points or 0.2 percent at 33,889.61.
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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.