Stocks came under pressure in early trading on Wednesday and remain mostly lower in afternoon trading. The tech-heavy Nasdaq has helped lead the pullback after moving sharply higher in the previous session.
After ending Tuesday's trading at a nearly two-month closing high, the Nasdaq is down 115.82 points or 1.0 percent at 11,242.59. The S&P 500 is also down 21.02 points or 0.5 percent at 3,970.71.
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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.