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S&P 500 Loses Steam To Wrap Best Week of 2026 | Closing Bell
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April 10, 2026
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10:26Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Emily Graffeo and Tim Stenovec.
Wall Street traders bracing for talks between the US and Iran halted a rally in stocks as oil whipsawed, with the negotiations set to dictate the path ahead for a fragile ceasefire.
While the S&P 500 saw its best week since November, the gauge lost steam after a seven-day advance. Earlier gains were driven by roughly in-line inflation data. US crude settled below $97, posting its biggest weekly slide since 2020. Treasury yields rose. The dollar barely budged.
President Donald Trump sought to ratchet up pressure on Iran to cut a deal in Pakistan this weekend, with the New York Post reporting the US is preparing the military if peace talks fail.
Meantime, earnings season starts Monday with Goldman Sachs Group Inc., followed by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co., Bank of America Corp. and Morgan Stanley later in the week. They’re expected to post solid results as market volatility lifted trading activity.
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