Stock Market Today, April 16: Hims & Hers Health Jumps on FDA Review of Compounded Peptide Therapies
Hims & Hers Health
Today’s Change
(11.12%) $2.70
Current Price
$26.99
Key Data Points
Market Cap
$5.5B
Day’s Range
$24.76 –
Hims & Hers Health
Today’s Change
(11.12%) $2.70
Current Price
$26.99
Market Cap
$5.5B
Day’s Range
$24.76 –
Buffett advises staying in your “circle of competence” by investing in businesses you deeply understand.
Credit: Daniel Zuchnik / WireImage / Getty Images
Long-term thinking beats market timing—he holds his best investments “forever”
WASHINGTON (AP) — President Donald Trump’s nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee.
Massachusetts Sen. Elizabeth Warren, the top Democrat on the panel,
By CHRISTOPHER RUGABER and JOEY CAPPELLETTI, Associated Press Writers
WASHINGTON (AP) — President Donald Trump’s nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee.
Massachusetts Sen.
Energy stocks have zipped higher this year, partly in connection with the Iran war, which began at the very end of February. As a result of the conflict, Iran essentially closed the Strait of Hormuz, through which a significant portion of global oil supply flows daily in normal times. Companies were also concerned about sending tankers through the Strait amid fears of attack,
Israel and Lebanon have reached a 10-day ceasefire agreement, President Trump said in a Truth Social post on Thursday, marking a temporary break in a conflict that has snarled any potential positive movement between the US and Iran.
“I just had excellent conversations with the Highly Respected President Joseph Aoun,
The U.S. stock market ticked upward to another record high.
The S&P 500 rose 0.3% Thursday, a day after topping its prior all-time high set in January, for its 11th gain in 12 days. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 0.4%.
Strong profit reports from several big U.S.
» Read more about: How major US stock indexes fared Thursday 4/16/2026 »
WASHINGTON (AP) — President Donald Trump’s nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee.
Massachusetts Sen. Elizabeth Warren, the top Democrat on the panel, told reporters she had met with Warsh Thursday and urged him to disclose more information about his assets than was included in financial disclosure forms released earlier this week.
Traders work at the New York Stock Exchange on April 16, 2026.
NYSE
U.S. stocks climbed to record highs on Wednesday against a backdrop of war, an oil supply shock and economic forecasts warning of stunted growth amid a protracted conflict.
» Read more about: Why the stock market is hitting records despite Iran war »
I confess that I’m a tech stock bull — even after the sector’s poor performance this year as fears of overspending by some of the biggest names have taken their toll. Consumer and energy stocks are the biggest drivers of the market right now, with tech stocks taking a bit of a breather.