After initially showing a lack of direction, stocks have moved mostly lower over the course of the trading session on Tuesday. The tech-heavy Nasdaq has shown a significant move to the downside, although the Dow is bucking the downtrend.
Currently, the Nasdaq is just off its lows of the session, down 238.62 points or 1.1 percent at 21,391.16. The S&P 500 is also down 22.67 points or 0.4 percent at 6,426.48.
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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.