After showing a lack of direction early in the session, stocks have moved mostly higher over the course of the trading day on Thursday. The major averages have all moved to the upside, although buying interest remains somewhat subdued.
In recent trading, the Dow and the S&P 500 have reached new highs for the session. The Dow is up 145.39 points or 0.3 percent at 45,416.62, the Nasdaq is up 63.03 points or 0.3 percent at 21,560.76 and the S&P 500 is up 22.37 points or 0.4 percent at 6,470.63.
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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.