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US stock market overview for 16th: Dow gains 115 points, Nasdaq hits record high for 12th consecutive day

Fri Apr 17, 2026 8:12 am JST Market

US stocks rose on the 16th, with the Dow Jones Industrial Average gaining 115.00 points to close at 48,578.72, rebounding from the previous session. While market attention focused on Middle East tensions, sentiment was lifted by Taiwan Semiconductor Manufacturing Co after its January-March earnings and April-June guidance beat consensus. The Nasdaq Composite Index hit a fresh record high for its 12th straight day.

Verizon Communications and International Business Machines were among the gainers, while Oracle and Ciena advanced. PPG Industries traded firmly. Hims & Hers Health , Voyager Therapeutics , and Polaris posted strong gains. On the downside, Boeing and Merck & Co struggled, while Charles Schwab and Abbott Laboratories declined.

The Nasdaq Composite Index rose 86.68 points to 24,102.70, marking its 12th straight session of gains. Microsoft traded solidly. PepsiCo and RadNet gained ground, while Advanced Micro Devices surged. Meanwhile, Apple and Nvidia eased. QuidelOrtho plunged.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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