Stocks are turning in a mixed performance during trading on Wednesday, with the major averages moving in starkly opposite directions. While the tech-heavy Nasdaq has climbed firmly into positive territory, the Dow has moved to the downside.
Currently, the Dow is down 274.18 points or 0.6 percent at 49,486.38, but the S&P 500 is up 9.02 points or 0.1 percent at 7,409.98 and the Nasdaq is up 164.25 points or 0.6 percent at 26,252.45.
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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.