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Vaccine Approval, Stimulus Hopes Lead To Strength On Wall Street

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Stocks have moved mostly higher in morning trading on Monday after turning in a mixed performance for two straight sessions. With the upward move, the Dow is closing in on the record intraday high set last Wednesday.

Currently, the major averages are hovering near their highs of the young session. The Dow is up 224.78 points or 0.8 percent at 30,271.15, the Nasdaq is up 161.80 points or 1.3 percent at 12,539.67 and the S&P 500 is up 31.79 points or 0.9 percent at 3,695.25.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.