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  • Stocks Close Higher, Oil Pulls Back

Stocks Close Higher, Oil Pulls Back

Equities gained into the long weekend, yields held steady, and oil cooled after the surge.

Brian Tancock
Brian Tancock

Apr 10, 2026

•

3 min read

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U.S. markets enter Monday, April 6, 2026, with the backdrop set by the Thursday, April 2 close.

Stocks finished slightly higher before the Good Friday break. Oil pulled back after a sharp run. The dollar stayed firm. Gold slipped. Yields held near recent highs.

The S&P 500 closed at 6,565.73.
The Dow closed at 46,440.45.
The Nasdaq closed at 21,806.45.
The Russell 2000 closed at 2,520.18.

Markets were closed Friday. This is the full setup coming into Monday’s open.

Equity Markets

The session leaned slightly positive.

The S&P 500 rose 0.15%.
The Dow rose 0.12%.
The Nasdaq rose 0.20%.
Small caps continued to hold up.
The Russell 2000 gained 0.35%.

This shows a mild recovery after earlier pressure. Gains were steady, but not strong.

Participation improved slightly, but leadership still leaned toward larger names.

Fixed Income

Yields stayed firm. The 10-year Treasury yield closed near 4.30%. The 2-year yield held near 3.85%. There was no major shift. Rates remain elevated. That keeps pressure on housing, credit, and borrowing costs across the economy.

Currency Markets

The dollar held steady. The U.S. Dollar Index closed near 100.00. There was no strong move, but the level remains important. A firm dollar continues to reflect demand for yield and stability.

Commodities

Oil cooled after a sharp move. WTI crude closed near $108.00, down from earlier highs above $111. Brent crude held near $105.00. The pullback was modest. Oil remains elevated, but the pace of gains slowed. Gold moved lower again. Gold closed near $4,650, down slightly on the session. This continues the recent pattern. Oil and the dollar stayed strong. Gold did not follow.

Macro Backdrop

The March jobs report was released Friday. Nonfarm payrolls came in near 200,000. The unemployment rate held near 3.9%. The labor market remains stable based on the data. There was no immediate market reaction due to the holiday closure. That reaction shifts into this week.

Entering Today's Open

Key reference levels:

  • S&P 500: 6,565.73

  • Dow Jones: 46,440.45

  • Nasdaq: 21,806.45

  • Russell 2000: 2,520.18

  • 10-Year Yield: 4.30%

  • 2-Year Yield: 3.85%

  • U.S. Dollar Index: 100.00

  • WTI Crude: ~$108

  • Brent Crude: ~$105

  • Gold: ~$4,650

  • Jobs Report: ~200K

Markets open Monday with a steady setup. Stocks edged higher. Yields stayed firm. Oil pulled back but remains elevated. The key shift now is timing. The jobs data hit during a closed session. The reaction moves into this week.

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