After moving modestly higher early in the session, stocks have seen considerable further upside over the course of the trading day on Wednesday. The major averages have more than offset the losses posted in the previous session, with the Nasdaq reaching its best intraday level in well over eight months.
In recent trading, the major averages have once again reached new highs for the session. The Dow is up 433.55 points or 1.3 percent at 33,445.69, the Nasdaq is up 158.63 points or 1.3 percent at 12,501.68 and the S&P 500 is up 51.86 points or 1.3 percent at 4,161.76.
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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.