Extending the rollercoaster ride seen over the past few sessions, stocks have shown a strong move to the upside in morning trading on Wednesday. The major averages have all climbed firmly into positive territory.
Currently, the major averages are off their best levels of the day but still posting strong gains. The Dow is up 331.23 points or 1 percent at 34,814.95, the Nasdaq is up 177.55 points or 1.1 percent at 15,715.24 and the S&P 500 is up 59.45 points or 1.3 percent at 4,626.45.
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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.