Stocks moved to the downside at the start of trading on Friday but have shown a notable turnaround over the course of the morning. The major averages have bounced well off their lows of the session and into positive territory.
The major averages have pulled back off their best levels in recent trading but are currently holding on to modest gains. The Dow is up 82.45 points or 0.2 percent at 36,199.83, the Nasdaq is up 38.62 points or 0.3 percent at 14,378.61 and the S&P 500 is up 10.73 points or 0.2 percent at 4,596.32.
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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.