Global Markets Weekly Update
Date: April 10, 2026
Market Sentiment Improves Amid U.S.-Iran Ceasefire Agreement
U.S. stock indexes recorded solid gains for the second consecutive week, driven by a ceasefire agreement between the U.S. and Iran, which alleviated geopolitical tensions and led to a drop in oil prices. The Nasdaq Composite led the gains with a 4.68% increase, while the S&P 500 saw positive returns across most sectors, except for energy.
Economic Indicators
The Bureau of Labor Statistics reported a year-over-year CPI increase of 3.3% in March, primarily due to rising gasoline prices. Core CPI rose modestly to 2.6%. Meanwhile, GDP growth for Q4 2025 was revised down to 0.5% from 0.7%.
Consumer Sentiment and Services Activity
The University of Michigan's consumer sentiment index fell to 47.6, reflecting growing concerns over high prices. The Services PMI dipped to 54, indicating continued expansion but with rising costs impacting sentiment.
Regional Market Performance
U.S. Market Performance
| Index | Friday's Close | Week's Change | % Change YTD |
|---|---|---|---|
| DJIA | 47,916.57 | 1,411.90 | -0.31% |
| S&P 500 | 6,816.89 | 234.20 | -0.42% |
| Nasdaq Composite | 22,902.90 | 1,023.71 | -1.46% |
European Market Performance
The STOXX Europe 600 Index rose 3.05%, with major indexes in Germany, Italy, and France also posting gains. However, the EU warned of potential cuts to growth forecasts due to rising inflation and low growth.
Japanese Market Performance
The Nikkei 225 Index surged 7.15% as markets reacted positively to the ceasefire news, although concerns about energy supply disruptions remained.
Chinese Market Performance
Chinese stock markets rose amid easing geopolitical tensions, with the CSI 300 Index gaining 4.41%. Producer prices turned positive for the first time in over three years, driven by higher commodity prices.
Key Risks to Watch
While the ceasefire has improved market sentiment, investors remain cautious about its durability and ongoing risks to energy infrastructure. Volatility may return if geopolitical tensions escalate again.