Madison Industries CEO Larry Gies (L) speaks with traders on the floor of the New York Stock Exchange (NYSE) after Gies rang the opening bell in New York on April 16, 2026. Wall Street stocks were little changed early Thursday, lingering near records amid hopes for a resolution of the US-Iran war as markets continue to shrug off economic effects. Both the S&P 500 and Nasdaq finished at records Wednesday as analysts pointed to an expected surge in equities if a peace deal is reached and to US bank earnings that showed American consumers remain healthy. (Photo by TIMOTHY A. CLARY / AFP via Getty Images)