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U.S. Stocks Pull Back Further Off Record Highs

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Following the modest pullback seen in the previous session, stocks saw further downside over the course of the trading day on Tuesday. The major averages initially moved higher but slid firmly into negative territory as the day progressed.

The major averages ended the day just off their lows of the session. The Dow slid 293.18 points or 0.6 percent to 49,149.38, the Nasdaq declined 144.43 points or 0.6 percent to 24,529.96 and the S&P 500 fell 45.13 points or 0.6 percent to 7,064.01.

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Global Economics Weekly Update: April 13 – April 17, 2026

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.