After moving sharply lower in morning trading on Tuesday, stocks regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the Dow reaching positive territory.The tech-heavy Nasdaq staged a notable recovery attempt after tumbling by as much as 2 percent but still ended the day down 185.92 points or 0.7 percent at 26,088.20.The S&P 500 a...
For comments and feedback contact: editorial@rttnews.com
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.