Stocks fluctuated over the course of the trading session on Thursday before once again ending the day mostly higher. With the upward move, the major averages closed higher for the fifth straight session, reaching new record closing highs.
The major averages all finished the day in positive territory. The Nasdaq climbed 88.89 points or 0.4 percent to 22,844.05, the Dow rose 78.62 points or 0.2 percent to 46,519.72 and the S&P 500 inched up 4.15 points or 0.1 percent to 6,715.35.
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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.