Stocks came under pressure in early trading on Friday and have seen further downside over the course of the session. The major averages have all moved notably lower, giving back ground following the rally seen in the previous session.
In recent trading, the major averages have fallen to new lows for the session. The Nasdaq is down 211.26 points or 1.5 percent at 13,714.79, the S&P 500 is down 50.69 points or 1.1 percent at 4,454.41 and the Dow is down 280.08 points or 0.8 percent at 34,627.03.
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.