U.S. stocks closed weak on Thursday, retreating from record highs, as investors stayed quite wary of making significant moves as they looked ahead to comments from Fed officials at the annual Jackson Hole symposium on Friday.
The attack by suicide bombers near Kabul airport that resulted in the death of 12 US services members, and injuries to several others hurt sentiment.
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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.