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Posted inCompanies, Daily Analysis, Earnings Watch, Markets, Sector -- Consumer, Sector -- Energy, Sector -- Financials, Sector -- Healthcare, Sector -- Technology

Market close, April 16, 2026: S&P 500 hits all-time high at 7,041 as Iran ceasefire optimism lifts tape

U.S. equities closed at record highs on April 16, 2026, with the S&P 500 advancing 0.26% to 7,041.28 and the Nasdaq Composite gaining 0.36% to 24,102.70 for its 12th straight day of gains. Iran ceasefire optimism and a blowout TSMC quarter — Q1 net profit up 58% to NT$572.48 bill

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