Market Update: TFC, BK, FAST, MAN, PEP, USB, CFG, DOW

Argus

•

Apr 17, 2026

Summary

Stock are solidly higher astatine midday connected Friday, with the S&P 500 up astir 1.2%, the Dow Jones Industrial Average up astir 2%, and the Nasdaq Composite up astir 1.5%. Earnings play has managed to drawback the attraction of investors, arsenic should beryllium the lawsuit astatine this constituent connected the calendar, arsenic the ongoing warfare successful Iran is becoming little of a worry, astatine slightest for Wall Street. Iran has announced that the Strait of Hormuz is 'completely open' and determination are expectations that diplomatic talks volition commencement up again implicit the coming weekend. Meanwhile, a ceasefire is successful spot betwixt Israel and Lebanon and appears to beryllium holding. Turning backmost to stocks and with a absorption connected sectors, Consumer Discretionary is atop the person committee today, up implicit 3% arsenic of this writing, followed by Industrials (+2.15%), and Information Technology (+1.81%)