Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations

Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations

By Stephen Culp and Purvi Agarwal

Fri April 10, 2026

Starting at about 10:30 a.m., it was a shot straight down on the Dow all day as investors continue to digest war news and hedge bets on the cease-fire which has already been repeatedly violated. But though industrials sank, tech did much better with the S&P in the green until about 11:30 when it suddenly sank into the red for the rest of the day. The Nasdaq did even better, gaining some 200 by 11:30 before it too began to sink but still remained on the upside all day to be the only index to close with gains. The flight from the safety of industrials into the more risky tech sectors happens whenever there is more optimism.  

Though none of today’s data would support it. The only good news is that CPI, though still on the rise, came in as expected but U of M’s consumer sentiment survey plunged to a record low, with near-term expectations at its lowest since 1980. All that aside, the week is still closing with all three indexes showing gains and high hopes for Q1 earnings has boosted the S&P earnings growth forecast for Q1 to 13.9%.  But the bottom line is we’re on a weekend now and an awful lot can happen geopolitically in that time so everyone’s biding their time, reflected in the day’s volume of just 15.83 billion, way below the 19.18 average.  

DJ: 48,185.80  +275.88       NAS: 22,822.42  +187.42        S&P: 6,824.66  +41.85         4/9

DJ: 47,916.57  -269.23        NAS: 22,902.89   +80.48         S&P: 6,816.89  -7.77             4/10

Fri 4-10-26 4:42 pm Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations | Reuters