After showing a lack of direction early in the session stocks have come under pressure over the course of the trading day on Thursday. The major averages have slid firmly into negative territory after spending the morning bouncing back and forth across the unchanged line.
Currently, the major averages are just off their lows of the session. The Dow is down 259.14 points or 0.8 percent at 33,545.73, the Nasdaq is down 92.98 points or 0.7 percent at 13,566.70 and the S&P 500 is down 259.14 points or 0.8 percent at 33,545.73.
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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.