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US markets end higher amid positive U.S. industrial production data

19 Feb 2026 Evaluate

The US markets ended in green on Wednesday amid positive U.S. industrial production data. Federal Reserve released a report showing that industrial production in the U.S. increased by more than expected in the month of January. The Fed said industrial production grew by 0.7 percent in January after rising by a downwardly revised 0.2 percent in December. The street had expected industrial production to climb by 0.4 percent, matching the increase originally reported for the previous month. The strength on Wall Street also came amid a sharp increase by shares of Nvidia (NVDA) after the company announced a multi-year, multi-generational strategic partnership with Facebook parent Meta (META) to expand AI infrastructure.

On the sectorial front, gold stocks also saw significant strength amid a sharp increase by the price of the precious metal, driving the NYSE Arca Gold Bugs Index up by 2.5 percent. Besides, oil service stocks turned in some of the market's best performances on the day, resulting in a 2.7 percent surge by the Philadelphia Oil Service Index.

Nasdaq increased 175.25 points or 0.78 percent to 22,753.63, S&P 500 added 38.09 points or 0.56 percent to 6,881.31 and Dow Jones Industrial Average rose 129.47 points or 0.26 percent to 49,662.66. 


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