Following the pullback seen in the previous session, stocks have shown another notable move to the downside during trading on Friday. The major averages continue to give back ground after ending Wednesday's trading at their best closing levels in well over a month.
Currently, the major averages are off their lows of the session but stuck firmly in the red. The Dow is down 401.17 points or 1.7 percent at 23,944.55, the Nasdaq is down 176.42 points or 2 percent at 8,713.13 and the S&P 500 is down 54.31 points or 1.9 percent at 2,858.12.
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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.