Stocks moved mostly lower early in the session on Tuesday and are seeing continued weakness in afternoon trading. The major averages have all moved to the downside on the day, more than offsetting the slim gains posted on Monday.
Currently, the major averages are off their worst levels of the day but still firmly in negative. The Dow is down 240.65 points or 0.7 percent at 34,383.65, the Nasdaq is down 78.38 points or 0.6 percent at 13,631.85 and the S&P 500 is down 26.00 points or 0.6 percent at 4,427.53.
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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.