Stocks moved to the downside during trading on Tuesday, giving back ground after ending the previous session mostly higher. Selling pressure remained relatively subdued, however, allowing the major averages to hang on to the bulk of their recent gains.
The major averages all finished the day in the red, with the tech-heavy Nasdaq posting a more notably loss. While the Nasdaq slid 84.55 points or 0.6 percent to 14,199.98, the S&P 500 dipped 9.19 points or 0.2 percent to 4,538.19 and the Dow slipped 62.75 points or 0.2 percent to 35,088.29.
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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.