After coming under pressure in morning trading on Thursday, stocks showed a notable recovery attempt over the course of the afternoon. The major averages climbed well off their worst levels of the day but remained in negative territory.
The Dow tumble by more than 460 points at its worst levels of the day but closed down a relatively modest 112.18 points or 0.3 percent at 33,174.07. The Nasdaq slumped 125.58 points or 1 percent to 13,129.96 and the S&P 500 fell 18.36 points or 0.4 percent to 4,259.52.
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Business News
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.