Friday, April 10

Dow, S&P 500, Nasdaq futures inch down as Strait of Hormuz remains closed ahead of peace talks


US stock futures slipped Thursday night as investors monitored a tenuous two-week pause in hostilities between Washington and Tehran, with broader markets showing signs of caution after a strong midweek rally.

Futures linked to the S&P 500 (ES=F), the Nasdaq 100 (NQ=F), and the Dow Jones Industrial Average (YM=F) all slipped around 0.1%.

The subdued overnight action followed a solid session on Wall Street, where equities extended weekly gains after President Donald Trump agreed to temporarily halt military action against Iran. The S&P 500 (^GSPC) rose 0.6%, the Nasdaq Composite (^IXIC) climbed 0.8%, and the Dow Jones Industrial Average (^DJI) added nearly 276 points, pushing the blue-chip index into positive territory for 2026.

Markets are now focused on the tentative beginnings of diplomatic mediation. Israeli Prime Minister Benjamin Netanyahu agreed to begin negotiations with Lebanon after Iranian officials accused Israel of breaching the ceasefire and shut the Strait of Hormuz. Trump has reissued threats against Iran following news that Tehran will toll tankers attempting to pass through the waterway.

Peace talks are slated to occur this weekend following senior White House officials calling Netanyahu on Wednesday, asking Israel to scale back its strikes on Lebanon. Israel’s official response stated, “There is no ceasefire in Lebanon.”

Looking ahead, investors will turn their attention to economic data releases, including the March consumer price index. Economists expect inflation to rise 0.9% month over month and 3.3% from a year earlier.

Coming soon

Stock market coverage for Friday, April 10, 2026.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *