Stocks have moved mostly lower during trading on Monday, giving back ground following recent strength. The major averages have all moved to the downside on the day, with the tech-heavy Nasdaq leading the pullback.
Currently, the major averages are just off their highs of the session. The Nasdaq is down 225.09 points or 1.6 percent at 14,079.94, the S&P 500 is down 42.81 points or 0.9 percent at 4,551.82 and the Dow is down 153.07 points or 0.4 percent at 36,092.43.
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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.