PEP

Major U.S. indices hit new record highs on April 16, 2026, with the S&P 500 up 0.26%, Nasdaq up 0.36%, and the Dow up 0.24%, supported by strong earnings, falling jobless claims, and optimism over a potential U.S.-Iran conflict resolution. Volatility remains a factor due to ongoing energy disruptions and restricted Strait of Hormuz traffic. The article references several individual stocks — SCHW, HOOD, MSFT, AKAM, NFLX, and PEP — in the context of the broader market day.

U.S. equities hit all-time highs Thursday, with the S&P 500 rising 0.2% to 7,038.57 and the Nasdaq 100 gaining 0.6% for its 12th consecutive session of gains, driven by a Trump-brokered 10-day Israel-Lebanon ceasefire. WTI crude surged 2.5% to $93.58 after Iran passed legislation to impose tolls on Hormuz Strait traffic. Healthcare stocks underperformed following weak guidance from Abbott Laboratories, while energy and technology sectors led the broader advance.

Five companies — Netflix, ASML, TSMC, PepsiCo, and CarMax — are scheduled to report earnings this week, each facing distinct market expectations. Netflix reports Q1 results following a recent subscription price increase, while ASML and TSMC face elevated expectations after strong share price runs. PepsiCo and CarMax round out the week, with CarMax contending with a soft used-auto market.