After moving to the upside early in the session, stocks have given back ground over the course of the trading day on Wednesday. The major averages have pulled back well off their highs of the session and are currently nearly unchanged.
While the Dow is up 7.94 points or less than a tenth of a percent after reaching its best intraday level in almost two years, the Nasdaq is down 1.80 points or less than a tenth of a percent at 14,228.11 and the S&P 500 is down 1.41 points or less than a tenth of a percent at 4,565.77.
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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.