Stocks have moved sharply lower during trading on Monday, extending the drop seen last week. With the downward move on the day, the Dow and the S&P 500 have fallen to their lowest intraday levels in about two months.
Currently, the major averages remain firmly in negative territory. The Dow is down 504.92 points or 1.5 percent at 34,079.96, the Nasdaq is down 303.05 points or 2 percent at 14,740.92 and the S&P 500 is down 70.10 points or 1.6 percent at 4,362.89.
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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.