Stocks have moved mostly lower during trading on Wednesday, adding to the losses posted in the previous session. The major averages have all moved to the downside, the tech-heavy Nasdaq showing a notable decline.
In recent trading, the major averages have fallen to new lows for the session. The Nasdaq is down 156.92 points or 1.1 percent at 13,864.04, the S&P 500 is down 36.80 points or 0.8 percent at 4,460.03 and the Dow is down 185.58 points or 0.5 percent at 34,456.39.
For comments and feedback contact: editorial@rttnews.com
Business News
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.