Nasdaq, S&P 500 Rise To New Record Intraday Highs
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Published on April 16, 2026.
The major averages, including the Nasdaq and the S&P 500, have moved mostly higher throughout the trading day, with the Dow and S&T 500 reaching new record intraday highs. The Nasdaq is up by 83.00 points or 0.4 percent at 24,099.02, the P.S. 500 is up 17.63 points and 0.3 percent at 7,040.58, and the Dow is up 37.86 points or0.1 percent at 48,501.58. The rise in stocks has largely offseted a drop in industrial production following the start of the U.S.-Iran war, which the warring nations are reportedly considering extending the ceasefire by two weeks to allow more time for talks. The Federal Reserve reported that industrial production unexpectedly decreased in March, with industrial production falling by 0.5 percent in March after climbing 0.7 percent in February. Meanwhile, J.B. Hunt (JBHT) has led the sector's rise, with a 7.7% increase in J. B.
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