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U.S. Stocks Move Modestly Higher As Traders Digest Inflation Data

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
wallstreet oct03 05jun23 lt

After moving to the downside early in the session, stocks have regained ground over the course of the trading day on Thursday. The major averages have climbed well off their lows of the session and into positive territory.

Currently, the major averages are posting modest gains. The S&P 500 is up 16.03 points or 0.3 percent at 6,038.27, the Nasdaq is up 47.26 points or 0.2 percent at 19,663.14 and the Dow is up 6.09 points or less than a tenth of a percent at 42,871.86.

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Global Economics Weekly Update - April 27 – May 01, 2026

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.

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