After showing a lack of direction early in the session, stocks have moved mostly lower over the course of the trading day on Thursday. The major averages have slid more firmly into negative territory after spending much of the day bouncing back and forth across the unchanged line.
Currently, the major averages are off their worst levels but still in the red. The Dow is down 130.15 points or 0.4 percent at 33,982.12, the Nasdaq is down 53.47 points or 0.4 percent at 13,596.94 and the S&P 500 is down 18.87 points or 0.4 percent at 4,363.91.
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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.