U.S. Stocks Hit New Highs, Energy Sector Leads
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2026
0mins
With U.S.-Iran ceasefire holding and ongoing optimism regarding a second round of diplomacy between the two sides, U.S. equities continued to make news highs on Thursday, though this time, Energy was the best performing sector as investors bought the recent dip in the oil patch. Mid-cap drillers like Sable Offshoreand Patternson-UTIwere especially well bid with 11% and 5% gains respectively while mega-caps - Exxon Mobil, Shell, and Chevron- each rallied about 2%. Healthcare was the worst performing sector in the S&P 500 amid emboldened animal spirits boosting higher-beta areas of the market at the expense of the defensive sectors.In the opening hour of the evening session, S&P e-minis are up another decimal point at 7,085, with Nasdaq 100 trading flat. In commodities, June - now the active contract for WTI Crude Oil - is below $90 per barrel while May is trading above $93. The steepening backwardation in energy - lower prices down the timeline curve - reflects the extent to which the markets are anticipating a swift normalization of the geopolitical premium.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Cohen & Steersup 0.6%ALSO HIGHER -STMicroelectronics N.V.up 1.3% after being upgraded to Outperform at MizuhoTexas Instrumentsup 1.2% after being upgraded to Neutral at MizuhoF.N.B. Corporationup 0.9%DOWN AFTER EARNINGS -Netflixdown 9.0%Alcoadown 3.6%Simmons First Nationaldown 3.2%ALSO LOWER -Trevi Therapeuticsdown 7.9% after announcing equity offeringKnight-Swift Transportationdown 2.9% after Q1 guidance cutNXP Semiconductors N.V.down 1.5% after being cut to Underperform at Mizuho
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Analyst Views on CNS
Wall Street analysts forecast CNS stock price to fall
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 72.150
Low
63.00
Averages
63.00
High
63.00
Current: 72.150
Low
63.00
Averages
63.00
High
63.00
About CNS
Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Company’s distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cohen & Steers Appoints New CFO Amit Muni
- Executive Change: Cohen & Steers announced that Amit Muni will join as EVP and CFO on June 8, 2026, overseeing finance operations, financial strategy, and investor relations, indicating a strategic shift in the company's leadership.
- Succession Plan: Muni will replace Michael Donohue, who has served as interim CFO since October 2025, with Donohue continuing as controller after Muni's appointment, ensuring continuity in financial management.
- Financial Outlook: Cohen & Steers expects a 40% compensation ratio and mid-single-digit growth in general and administrative expenses for 2026, reflecting a robust financial strategy amid ETF expansion.
- Market Reaction: This executive change may impact investor confidence, particularly as the company navigates challenges in private markets, with expectations placed on Muni's financial leadership capabilities.
See More
Cohen & Steers Appoints New CFO Amit Muni
- Executive Appointment: Cohen & Steers has announced the appointment of Amit Muni as Chief Financial Officer, effective June 8, 2026, where he will lead the firm's financial operations and strategy, joining the Executive Committee and reporting directly to CEO Joseph Harvey.
- Succession Plan: Muni succeeds Michael Donohue, who has served as Interim CFO since October 17, 2025, and will continue as Controller after Muni's appointment, ensuring a smooth transition within the finance department.
- Extensive Experience: Muni brings over 20 years of experience in public markets and asset management, having managed over $550 billion in assets as CFO at CI Financial Corp. and previously serving as CFO at WisdomTree, which positions him well to drive strategic growth initiatives.
- Strategic Focus: CEO Harvey emphasized that Muni's appointment will aid in expanding the global real assets platform, growing in the wealth channel, and building private market capabilities, reflecting the company's commitment to long-term value creation for shareholders.
See More
Cohen & Steers Appoints New CFO Amit Muni
- Executive Appointment: Cohen & Steers has announced the appointment of Amit Muni as Chief Financial Officer, effective June 8, 2026, where he will lead the firm's financial operations and strategy, joining the Executive Committee and reporting directly to CEO Joseph Harvey.
- Succession Plan: Muni succeeds Mike Donohue, who has served as Interim CFO since October 17, 2025, and will continue as Controller post-transition, ensuring a stable handover within the finance department.
- Extensive Experience: Muni previously served as CFO at CI Financial Corp., managing over $550 billion in assets, and held executive roles at WisdomTree, showcasing a strong background in capital markets and asset management that will aid in driving strategic growth for the firm.
- Strategic Objectives: CEO Harvey emphasized that Muni's appointment will advance the company's expansion in the global real assets platform, enhance capabilities in the wealth channel and private markets, aiming to deliver long-term value for shareholders.
See More
Cohen & Steers Partners with J.P. Morgan to Launch New Fund
- Strategic Partnership: Cohen & Steers has partnered with J.P. Morgan to distribute the SICAV Short Duration Hybrid Credit & Income Fund to international investors via its global wealth management platform, aiming to provide high-yield cash alternatives for clients outside the U.S.
- Investment Focus: The fund targets global hybrid credit securities, which typically offer higher yields than similarly rated standard fixed-income instruments, while maintaining a weighted average duration of under three years to minimize overall portfolio interest-rate sensitivity.
- Income Generation Strategy: Elaine Zaharis‑Nikas from Cohen & Steers emphasized hybrid credit as a strong option for generating high-quality income, with their short-duration strategy designed to provide attractive yields while being less sensitive to interest rate changes.
- Market Outlook: Cohen & Steers expects a 40% compensation ratio and mid-single-digit growth in general and administrative expenses for 2026 amid ETF expansion, despite a decrease in assets under management as of the end of March.
See More
Cohen & Steers Partners with J.P. Morgan for New Fund Access
- Global Wealth Management Partnership: Cohen & Steers partners with J.P. Morgan to provide access to the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund for investors outside the U.S., leveraging J.P. Morgan's global wealth management platform to expand its client base and offer a cash alternative.
- Clear Investment Objectives: The fund aims for high current income as its primary goal and capital preservation as a secondary goal, investing in global hybrid credit securities while targeting a weighted average duration of less than three years to reduce portfolio interest-rate sensitivity and adapt to market changes.
- High Yield Potential: Hybrid credit securities offer higher yield opportunities than similarly rated bonds, and Cohen & Steers' short-duration strategy is designed to help investors harvest attractive yields while mitigating interest-rate risk, thereby enhancing investor confidence in a shifting rate environment.
- Industry Diversification Trend: The Head of International Wholesale Distribution at Cohen & Steers noted that this partnership highlights a broader industry shift towards greater diversification within fixed income portfolio allocations, further solidifying its pioneering position in hybrid credit strategies.
See More
Cohen & Steers Partners with J.P. Morgan to Launch New Fund
- New Fund Partnership: Cohen & Steers has partnered with J.P. Morgan to offer the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund to investors outside the U.S. via J.P. Morgan's global wealth management platform, enhancing market competitiveness by providing a cash alternative.
- Clear Investment Objectives: The fund aims to deliver high current income as its primary goal, with capital preservation as a secondary objective, investing in global hybrid credit securities while targeting a weighted average duration of less than three years to reduce portfolio interest-rate sensitivity and adapt to market changes.
- High Yield Potential: Hybrid credit securities offer higher yield opportunities compared to similarly rated bonds, and Cohen & Steers' short-duration strategy is designed to help investors harvest attractive yields while mitigating interest-rate risks, thereby boosting investor confidence in a shifting rate environment.
- Leading Industry Trends: The Head of International Wholesale Distribution at Cohen & Steers noted that this partnership highlights a broader industry shift towards greater diversification within fixed income portfolio allocations, showcasing the company's pioneering position in hybrid credit strategies and further solidifying its market leadership.
See More
Cohen & Steers Appoints New CFO Amit Muni
- Executive Change: Cohen & Steers announced that Amit Muni will join as EVP and CFO on June 8, 2026, overseeing finance operations, financial strategy, and investor relations, indicating a strategic shift in the company's leadership.
- Succession Plan: Muni will replace Michael Donohue, who has served as interim CFO since October 2025, with Donohue continuing as controller after Muni's appointment, ensuring continuity in financial management.
- Financial Outlook: Cohen & Steers expects a 40% compensation ratio and mid-single-digit growth in general and administrative expenses for 2026, reflecting a robust financial strategy amid ETF expansion.
- Market Reaction: This executive change may impact investor confidence, particularly as the company navigates challenges in private markets, with expectations placed on Muni's financial leadership capabilities.
See More
Cohen & Steers Appoints New CFO Amit Muni
- Executive Appointment: Cohen & Steers has announced the appointment of Amit Muni as Chief Financial Officer, effective June 8, 2026, where he will lead the firm's financial operations and strategy, joining the Executive Committee and reporting directly to CEO Joseph Harvey.
- Succession Plan: Muni succeeds Michael Donohue, who has served as Interim CFO since October 17, 2025, and will continue as Controller after Muni's appointment, ensuring a smooth transition within the finance department.
- Extensive Experience: Muni brings over 20 years of experience in public markets and asset management, having managed over $550 billion in assets as CFO at CI Financial Corp. and previously serving as CFO at WisdomTree, which positions him well to drive strategic growth initiatives.
- Strategic Focus: CEO Harvey emphasized that Muni's appointment will aid in expanding the global real assets platform, growing in the wealth channel, and building private market capabilities, reflecting the company's commitment to long-term value creation for shareholders.
See More
Cohen & Steers Appoints New CFO Amit Muni
- Executive Appointment: Cohen & Steers has announced the appointment of Amit Muni as Chief Financial Officer, effective June 8, 2026, where he will lead the firm's financial operations and strategy, joining the Executive Committee and reporting directly to CEO Joseph Harvey.
- Succession Plan: Muni succeeds Mike Donohue, who has served as Interim CFO since October 17, 2025, and will continue as Controller post-transition, ensuring a stable handover within the finance department.
- Extensive Experience: Muni previously served as CFO at CI Financial Corp., managing over $550 billion in assets, and held executive roles at WisdomTree, showcasing a strong background in capital markets and asset management that will aid in driving strategic growth for the firm.
- Strategic Objectives: CEO Harvey emphasized that Muni's appointment will advance the company's expansion in the global real assets platform, enhance capabilities in the wealth channel and private markets, aiming to deliver long-term value for shareholders.
See More
Cohen & Steers Partners with J.P. Morgan to Launch New Fund
- Strategic Partnership: Cohen & Steers has partnered with J.P. Morgan to distribute the SICAV Short Duration Hybrid Credit & Income Fund to international investors via its global wealth management platform, aiming to provide high-yield cash alternatives for clients outside the U.S.
- Investment Focus: The fund targets global hybrid credit securities, which typically offer higher yields than similarly rated standard fixed-income instruments, while maintaining a weighted average duration of under three years to minimize overall portfolio interest-rate sensitivity.
- Income Generation Strategy: Elaine Zaharis‑Nikas from Cohen & Steers emphasized hybrid credit as a strong option for generating high-quality income, with their short-duration strategy designed to provide attractive yields while being less sensitive to interest rate changes.
- Market Outlook: Cohen & Steers expects a 40% compensation ratio and mid-single-digit growth in general and administrative expenses for 2026 amid ETF expansion, despite a decrease in assets under management as of the end of March.
See More
Cohen & Steers Partners with J.P. Morgan for New Fund Access
- Global Wealth Management Partnership: Cohen & Steers partners with J.P. Morgan to provide access to the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund for investors outside the U.S., leveraging J.P. Morgan's global wealth management platform to expand its client base and offer a cash alternative.
- Clear Investment Objectives: The fund aims for high current income as its primary goal and capital preservation as a secondary goal, investing in global hybrid credit securities while targeting a weighted average duration of less than three years to reduce portfolio interest-rate sensitivity and adapt to market changes.
- High Yield Potential: Hybrid credit securities offer higher yield opportunities than similarly rated bonds, and Cohen & Steers' short-duration strategy is designed to help investors harvest attractive yields while mitigating interest-rate risk, thereby enhancing investor confidence in a shifting rate environment.
- Industry Diversification Trend: The Head of International Wholesale Distribution at Cohen & Steers noted that this partnership highlights a broader industry shift towards greater diversification within fixed income portfolio allocations, further solidifying its pioneering position in hybrid credit strategies.
See More
Cohen & Steers Partners with J.P. Morgan to Launch New Fund
- New Fund Partnership: Cohen & Steers has partnered with J.P. Morgan to offer the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund to investors outside the U.S. via J.P. Morgan's global wealth management platform, enhancing market competitiveness by providing a cash alternative.
- Clear Investment Objectives: The fund aims to deliver high current income as its primary goal, with capital preservation as a secondary objective, investing in global hybrid credit securities while targeting a weighted average duration of less than three years to reduce portfolio interest-rate sensitivity and adapt to market changes.
- High Yield Potential: Hybrid credit securities offer higher yield opportunities compared to similarly rated bonds, and Cohen & Steers' short-duration strategy is designed to help investors harvest attractive yields while mitigating interest-rate risks, thereby boosting investor confidence in a shifting rate environment.
- Leading Industry Trends: The Head of International Wholesale Distribution at Cohen & Steers noted that this partnership highlights a broader industry shift towards greater diversification within fixed income portfolio allocations, showcasing the company's pioneering position in hybrid credit strategies and further solidifying its market leadership.
See More
