Stocks have moved sharply lower in morning trading on Monday, giving back ground following the upward move seen last week. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way lower.
Currently, the major averages are off their lows of the session but still firmly negative. The Nasdaq is down 229.69 points or 2 percent at 11,405.62, the S&P 500 is down 44.96 points or 1.2 percent at 3,854.42 and the narrower Dow is down 176.43 points or 0.6 percent at 31,161.72.
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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.