US stocks split as Dow falls, Nasdaq gains on AI
NewsBytes April 16, 2026 02:39 AM
President Trump Iran hint, Allbirds surge

Market vibes were shaped by big news: President Trump hinted at progress with Iran, which could mean lower oil prices and a boost for the economy.
Plus, strong earnings from companies like Bank of America helped keep spirits high.
Tech was especially hot: Allbirds's stock soared over 600% after shifting to AI infrastructure, showing just how much investors are betting on growth and innovation right now.

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