U.S. markets enter Tuesday, April 7, 2026, with the backdrop set by the Monday, April 6 close.

Markets reopened after the holiday and adjusted to Friday’s jobs data. Stocks were mixed. Yields stayed high. Oil stabilized. The dollar held firm.

The S&P 500 closed near 6,580.
The Dow closed near 46,500.
The Nasdaq closed near 21,850.
The Russell 2000 closed near 2,525.

The move was not large, but it reset positioning after the break.

The session was mixed.

The S&P 500 rose about 0.2%.
The Dow rose about 0.1%.
The Nasdaq rose about 0.3%.
Small caps were flat.
The Russell 2000 moved roughly 0.0%.

This shows a mild response to the jobs data. Large-cap stocks held steady. Smaller names did not push higher.

Yields stayed elevated. The 10-year Treasury yield remained near 4.30%. The 2-year yield stayed near 3.85%. There was no major move after the jobs report. This suggests the data did not shift rate expectations meaningfully. Borrowing costs remain high.

The dollar held its level. The U.S. Dollar Index stayed near 100.00. There was no strong move, but no weakness either. The dollar remains supported by higher yields.

Oil stabilized. WTI crude held near $108.00. Brent crude held near $105.00. There was no new surge. The market paused after last week’s sharp move. Gold stayed soft. Gold held near $4,650. This keeps the same pattern in place. Oil firm. Dollar firm. Gold not leading.

The jobs report remains the key data point. Payrolls near 200,000. Unemployment near 3.9%. This shows a stable labor market. There is no sign of sharp weakening in the data. Markets are now absorbing that information.

Key reference levels:

Markets open Tuesday with a steady tone. Stocks adjusted, but did not break out. Yields stayed high. Oil held its gains. The key shift is not the move. It is the backdrop. Rates are still elevated. Growth data is still stable. Markets are not getting a clear change yet.