After trending higher over the past several day, stocks are turning in a lackluster performance during trading on Wednesday. The major averages are showing only modest moves on the day after closing higher for four straight sessions.
Currently, the major averages are narrowly mixed. While the Nasdaq is down 7.56 points or less than a tenth of a percent at 23,554.29, the S&P 500 is up 5.91 points or 0.1 percent at 6,915.70 and the Dow is up 96.79 points or 0.2 percent at 48,539.20.
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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.