U.S. stocks failed to hold gains and ended on a mixed note on Monday as the mood turned cautious past mid afternoon after some Fed officials said the central bank will have to keep raising rates.
Technology stocks outperformed as bond yield dropped amid bets the Federal Reserve will slow its pace of policy tightening after data showed a drop in wage growth and a contraction in U.S. service sector activity.
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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.