Stocks came under pressure early in the session on Thursday but staged a notable recovery attempt over the course of the trading day. The major averages peeked above the unchanged line late in the session but closed modestly lower.
After falling by nearly 190 points in early trading, the Dow ended the day down just 9.98 points or less than a tenth of a percent at 33,119.57. The Nasdaq edged down 16.18 points or 0.1 percent to13,219.83, while the S&P 500 slipped 5.56 points or 0.1 percent to 4,258.19.
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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.