Daily Market Report – April 9, 2026
Today's trading was characterized by renewed directional uncertainty – triggered by doubts about the stability of the ceasefire in the Iran conflict. Reports of ongoing restrictions on tanker traffic through the Strait of Hormuz, as well as conflicting signals from the region, caused the markets to oscillate between hope and risk aversion. Accordingly, the day was volatile: In the U.S., the Dow Jones (DJ:DJI), the S&P 500 (SP:SPX), and the Nasdaq Composite (NASDAQ:IXIC) turned positive after initial losses, gaining around 0.6% to 0.8%, while the global stock index only saw moderate gains. In Europe, a similar picture emerged with slightly positive quotes. A moderate recovery in major tech stocks led to slight price gains for companies like Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA).
Brent (TVC:UKOIL) was quoted at around $95–96 per barrel, after prices fluctuated throughout the day between renewed increases and profit-taking; WTI (TVC:USOIL) closed at about $97.9. The backdrop remains disrupted supply chains: Traffic through the Strait of Hormuz is reported by Reuters to be less than 10% of normal volume, keeping structural supply uncertainty high. At the same time, the dollar index (TVC:DXY) eased slightly, while gold (TVC:GOLD) gained.