Stock Market Today: Dow, S&P 500 and Nasdaq trade lower as oil prices climb and questions remain about cease-fire in the Middle East

U.S. stock indexes — the Dow, S&P 500 and Nasdaq — moved higher on April 9, 2026 (11:37 AM ET) on the second trading day after the U.S.-Iran cease-fire, while oil prices climbed amid lingering questions about the truce. The price action reflects cautious, modest risk-on positioning driven by geopolitics: gains are tied to headlines and could reverse if cease-fire doubts intensify.

Analysis

U.S. stock indexes — the Dow, S&P 500 and Nasdaq — moved higher on April 9, 2026 (11:37 AM ET) on the second trading day after the U.S.-Iran cease-fire, while oil prices climbed amid lingering questions about the truce. The price action reflects cautious, modest risk-on positioning driven by geopolitics: gains are tied to headlines and could reverse if cease-fire doubts intensify.