What’s News in Markets: New Record Highs, Luxury Woes, and AI Makeovers

市场新闻速递:创纪录新高,奢侈品困境,AI焕新改造

WSJ What’s News

2026-04-18

5 分钟
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Why the S&P 500 and Nasdaq composite finished with fresh records? And, are luxury fashion stocks no longer in vogue? Plus, is pivoting to AI a good corporate strategy? Host Imani Moise discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Hey, listeners, it's Saturday, April 18th.

  • I'm Imani Moise for The Wall Street Journal.

  • And this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them.

  • Let 's dive in. Investors began to look past the war in Iran this week,

  • and major U.S. Indexes marched higher despite a barrage of geopolitical shocks.

  • The Nasdaq and S&P 500 hit record highs on Wednesday, despite an ongoing blockade in the Persian Gulf.

  • Stocks pushed even higher on Thursday and Friday as the standoff between the U.S.

  • And Iran continued.

  • The rally suggests investors were more focused on what the conflict didn't do, which is derail the global economy.

  • Tech stocks helped drive the broader market higher.

  • Taiwan's semiconductor manufacturing company raised its revenue outlook and said it would ramp up investment to meet still

  • surging demand for artificial intelligence chips.

  • This week, the nation's biggest banks painted a reassuring picture of the U.S. Economy,

  • saying consumers are still spending despite surging gas prices since the Iran war began.

  • JPMorgan Chase and Bank of America both reported stronger profits.

  • The Nasdaq logged its longest winning streak in three decades,

  • rising 13 days straight to end the week 6.8 percent higher.

  • The S&P 500 increased 4.5 percent to cross 7,100 for the first time.

  • And the Dow Jones Industrial Average gained 3.2 percent.

  • Oil markets were a different story.