Stock market news for April 10, 2026

The S&P 500 fell barely on Friday, however the index managed to submit a stable weekly acquire as merchants stored a watch on the delicate two-week ceasefire between the US and Iran.

The broad market index dropped 0.11% to finish at 6,816.89, whereas the Nasdaq Composite moved larger by 0.35% and closed at 22,902.89, bolstered by positive aspects in key semiconductor shares corresponding to Nvidia and Broadcom. The Dow Jones Industrial Average declined 269.23 factors, or 0.56%, ending at 47,916.57.

Still, the S&P 500 added about 3.6% this week, and the Nasdaq rose about 4.7% within the interval. The Dow, in the meantime, gained 3% on the week. The indexes posted their greatest weekly performances since November.

president donald trump on Friday accused Iran of “short term extortion of the World by using International Waterways,” saying in a Truth Social post that its leaders “don’t seem to realize they have no cards” and that “the only reason they are alive today is to negotiate!”

This comes a day after the president warned that Iran should not charge fees to oil tankers which might be touring by means of the Strait of Hormuz, writing in a post on Social Truth: “They better not be and, if they are, they better stop now!”

Oil prices seen as issues across the strait’s reopening hovered over the market. West Texas Intermediate crude futures finally fell 1.33% to settle at $96.57 a barrel, and worldwide benchmark Brent crude futures declined 0.75% to settle at $95.20.

Inflation was prime of thoughts for traders this week as they assessed a lot of key stories amid issues that rising power costs spurred by the battle within the Middle East would ripple by means of the US economic system.

March’s consumer price index report confirmed that inflation was according to expectations, standing at 0.9% for the month and three.3% on an annual foundation. That included a ten.9% leap in power prices because of the battle.

When excluding power costs, nonetheless, the report revealed inflation was final month. Core CPI elevated simply 0.2% for the month and a couple of.6% in comparison with a yr in the past, coming in beneath expectations. Inflation had been sticky at 3% heading into the Iranian conflict, which has been occurring for almost six weeks.

However, the conflict has nonetheless led to a leap in inflation fears. According to a University of Michigan survey launched Friday, shoppers are anticipating that inflation will jump to 4.8% over the following yr. That’s up a full share level from March’s studying.

“The Fed will do everything in its power to look past whatever data points it gets for March and April,” mentioned Tim Holland, chief funding officer at Orion. That’s assuming “there is an off-ramp between the US, Israel and Iran,” he added.

While Holland does imagine the Iran conflict will “wind down” from right here — and that oil costs will reset, by extension — he cautioned that traders ought to get extra involved about its inflationary impacts if the worth of WTI crude continues to be buying and selling round $100 a barrel by early to mid-June.

“You’ve got this potential toxic cocktail of already depressed consumer sentiment and a real re-rating of inflation expectations higher,” he mentioned. “That’s just that’s going to be a tough spot for the economy and put the Fed in a bit of a pickle.”