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Upbeat Jobs Data Contributing To Continued Advance On Wall Street

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Stocks have moved mostly higher in morning trading on Friday, with the major averages once again reaching new record intraday highs. The advance extends a recent upward trend, with the Nasdaq and the S&P 500 moving higher for the tenth and seventh consecutive sessions, respectively.

Currently, the major averages are hovering firmly in positive territory. The Dow is up 323.05 points or 0.9 percent at 36,447.28, the Nasdaq is up 91.58 points or 0.6 percent at 16,031.89 and the S&P 500 is up 33.93 points or 0.7 percent at 4,713.99.

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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.