Second Straight Day of Records for Nasdaq and S&P 500

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1 • 671 Ratings

🗓️ 16 April 2026

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Investors held out hope for continued peace talks with Iran. Plus: Kering shares fall as it attempts to turnaround luxury brands like Gucci. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:27.8	survey among real estate professionals. Here's your closing bell brief for Thursday, April 16th.
0:37.2	I'm Catherine Sullivan for the Wall Street Journal.
0:40.4	U.S. stocks reached new record highs for the second straight day today as investors weighed geopolitical news.
0:47.4	The NASDA grows 0.4% to mark its 12th straight winning session and a new record.
0:52.3	The S&P 500 added 0.3% for a record, while the
0:56.9	Dow gained 0.2%. Investors grew optimistic that the United States and Iran might hold a second round
1:03.2	of peace discussions this weekend. Crude oil prices also advanced. U.S. officials said the country
1:08.9	expanded its naval blockade of Iran to quote,
1:11.4	all ships, regardless of nationality. Among individual companies, Abbott Laboratories fell 6% today.
1:18.5	The medical products maker lowered its profit outlook for the full year. Taiwan semiconductor
1:23.5	manufacturing shares inched up 0.2% in U.S. trading. The world's largest contract
1:29.1	chipmaker beat profit expectations and raised its revenue outlook for the year. Carrying shares
1:35.0	fell 3% as the French luxury giant attempts a structural reset. The company is working to turn
1:40.6	around weak sales at its Gucci brand. And Viva Energy shares dropped more than
1:45.9	4% following a fire of the Australian Energy Company's refinery. Heads up, an artificial
	...

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