This content was published on <\/p>\n
April 10, 2026 – 11:18\n<\/p>\n
(Bloomberg) \u2014 US stocks fluctuated after a seven-day rally as investors looked to talks between the US and Iran for signs a fragile truce can hold. Oil was set for its steepest weekly loss in nine months.<\/p>\n
Equity futures were flat, with the underlying S&P 500 index on track for its biggest weekly advance in almost a year. Europe\u2019s Stoxx 600 gained 0.2%. Brent crude rose 2% to around $98 a barrel.<\/p>\n
Traders are waiting to see if Tuesday\u2019s two-week ceasefire accord that sent stocks on a tear and oil slumping can be cemented into a lasting peace. President Donald Trump said he was \u201coptimistic,\u201d even as he threatened Tehran over charging fees in the Strait of Hormuz where there\u2019s little sign of a meaningful pickup in traffic since the truce began.<\/p>\n
\u201cThe market is starting to price in some sort of agreement can be reached over the weekend,\u201d said Hao Hong, chief investment officer at hedge fund Lotus Asset Management. \u201cMy quant model shows that the technical rebound should continue for a few more days at least. The market is starting to look beyond the war.\u201d<\/p>\n
US Treasuries were on track to snap a four-day run of gains as investors await March US inflation data due later Friday to see the impact of higher oil prices from the Iran war. The dollar ticked up 0.2%, still headed for its sharpest drop in a week since January.<\/p>\n
Economists project a 0.9% increase in the consumer price index, the sharpest one-month advance since 2022, according to a Bloomberg survey.<\/p>\n
\u201cHeadline risk pertaining to the war remains far and away the biggest driver of volatility,\u201d Kyle Rodda, a senior financial market analyst at Capital.com, wrote in a note. \u201cHowever, inflation data also presents meaningful event risk.\u201d<\/p>\n
What Bloomberg\u2019s Strategists Say<\/p>\n
\u201cThe market appears to have settled into an optimistic equilibrium ahead of this weekend\u2019s talks, supported by Brent trading below $100\/bbl. While Fridays have typically seen selloffs during the war, there is now a stronger sense of a potential off ramp.\u201d<\/p>\n
\u2014 Skylar Montgomery Koning, macro strategist. For the full analysis, click here.<\/p>\n
The US and Iran appeared to pause most strikes after fighting continued in the region on Wednesday. Israel\u2019s Prime Minister Benjamin Netanyahu agreed to hold talks with Lebanon.<\/p>\n
On Thursday evening, the Kuwaiti Foreign Ministry said fresh drone attacks were carried out by Iran and its proxies, which targeted a number of vital facilities in the country.<\/p>\n
\u201cI\u2019m not trimming into the weekend,\u201d said Rajeev De Mello, global macro portfolio manager at Gama Asset Management SA. \u201cThe direction of travel seems to be to talk rather than to fight.\u201d<\/p>\n
Corporate Highlights:<\/p>\n
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter. Taiwan Semiconductor Manufacturing Co. reported a 35% increase in quarterly revenue, suggesting global AI chip demand remained intact during the first weeks of war in the Middle East. Intel Corp. said Alphabet Inc.\u2019s Google has committed to using future generations of its Xeon processors and other chips. Chevron Corp. said its production fell as much as 6% in the first quarter due in part to the Iran war, echoing a similar disclosure from Exxon Mobil Corp. earlier this week. Some of the main moves in markets:<\/p>\n
Stocks<\/p>\n
The Stoxx Europe 600 rose 0.3% as of 10:14 a.m. London time S&P 500 futures fell 0.1% Nasdaq 100 futures fell 0.1% Futures on the Dow Jones Industrial Average fell 0.2% The MSCI Asia Pacific Index rose 0.6% The MSCI Emerging Markets Index rose 0.9% Currencies<\/p>\n
The Bloomberg Dollar Spot Index rose 0.2% The euro fell 0.1% to $1.1685 The Japanese yen fell 0.2% to 159.30 per dollar The offshore yuan was little changed at 6.8326 per dollar The British pound fell 0.1% to $1.3418 Cryptocurrencies<\/p>\n
Bitcoin fell 1% to $71,688.84 Ether fell 1.1% to $2,188.21 Bonds<\/p>\n
The yield on 10-year Treasuries advanced two basis points to 4.30% Germany\u2019s 10-year yield advanced four basis points to 3.03% Britain\u2019s 10-year yield advanced six basis points to 4.81% Commodities<\/p>\n
Brent crude rose 1.7% to $97.58 a barrel Spot gold fell 0.5% to $4,743.90 an ounce This story was produced with the assistance of Bloomberg Automation.<\/p>\n
\u2013With assistance from Winnie Hsu, Abhishek Vishnoi and Anand Krishnamoorthy.<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"This content was published on April 10, 2026 – 11:18 (Bloomberg) \u2014 US stocks fluctuated after a seven-day…\n","protected":false},"author":2,"featured_media":46958,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1990,41,17,1991],"class_list":{"0":"post-46957","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-switzerland","8":"tag-business-general","9":"tag-swiss","10":"tag-switzerland","11":"tag-ticker"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116379813539003145","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/46957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=46957"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/46957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/46958"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=46957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=46957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=46957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}