Stocks have moved sharply lower in morning trading on Wednesday, with the major averages all showing significant moves to the downside after ending the previous session mixed. The tech-heavy Nasdaq has helped lead the way lower.
In recent trading, the major averages have fallen to new lows for the session. While the Nasdaq is down 238.08 points or 2.1 percent at 11,096.19, the S&P 500 is down 58.25 points or 1.5 percent at 3,958.70 and the Dow is down 364.44 points or 1.1 percent at 33,369.52.
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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.