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U.S. stocks close higher

HotTV

HotTV

HotTV

U.S. stocks close higher

2026-07-16 12:10 Last Updated At:13:32

U.S. stocks ended higher on Wednesday.

The Dow Jones Industrial Average rose 150.37 points, or 0.29 percent, to 52,658.64. The S and P 500 added 28.81 points, or 0.38 percent, to 7,572.40. The Nasdaq Composite Index increased by 162.219 points, or 0.62 percent, to 26,269.23.

Five of the 11 primary S and P 500 sectors ended in green, with communication services and consumer discretionary leading the gainers by adding 2.78 percent and 1.36 percent, respectively. Meanwhile, utilities and energy led the laggards by going down 0.98 percent and 0.77 percent, respectively.

U.S. stocks close higher

U.S. stocks close higher

The United States' military completed its latest wave of strikes against Iran at 21:00 (Eastern Time) on Wednesday, the U.S. Central Command said in a statement.

In the statement posted on social media, the command said it had struck Iranian command centers, air defense sites, missile and drone capabilities, and coastal surveillance facilities.

Precision munitions were used to hit targets in multiple locations including Bandar Abbas, said the command.

Earlier in the day, the U.S. forces also launched strikes against Iran's coastal defense facilities and cruise missile sites on Greater Tunb Island, with the operation lasting 90 minutes, according to the command.

US ends latest wave of strikes on Iran: central command

US ends latest wave of strikes on Iran: central command

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