After moving sharply higher early in the session, stocks continue to see significant strength in afternoon trading on Wednesday. With the upward move, the Nasdaq and the S&P 500 have reached new record intraday highs.
Currently, the Nasdaq and S&P 500 are off their highs of the session but still firmly positive. The Nasdaq is up 297.88 points or 1.7 percent at 17,641.42 and the S&P 500 is up 55.21 points or 1.0 percent at 5,430.53.
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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.