Stocks have moved sharply higher during trading on Wednesday, with the major averages all showing strong moves to the upside after ending the previous session narrowly mixed. The tech-heavy Nasdaq is posting a standout gain after ending Tuesday's trading at a nearly two-month closing low.
Currently, the major averages are off their highs of the session but still firmly positive. The Nasdaq is up 408.33 points or 2.1 percent at 19,452.73, the S&P 500 is up 90.43 points or 1.6 percent at 5,933.34 and the Dow is up 592.38 points or 1.4 percent at 43,110.66.
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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.