# The S & P 500 touched a new all-time high on Thursday.

*business · news · 2026-04-16 · CNBC*

## Key points

- Bank of America's analysis favors stocks with above-market but not excessive dividend yields in stagflation.
- PepsiCo saw North American food volume grow for the first time in two years after price cuts.
- Citizens Financial forecasts 3% to 4% net interest income growth for the current quarter.
- Bank of America's screen of the Russell 1000 excludes the highest-yielding, potentially distressed, stocks.

**Companies:** PepsiCo, IBM, Citizens Financial, Xcel Energy, American Electric Power, Chord Energy, Target, Mosaic
**Countries:** United States, Israel, Lebanon

[Read the full story on CNBC](https://www.cnbc.com/2026/04/16/lift-returns-with-stocks-paying-sustainable-dividends-bank-of-america-says.html)

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