Wall Street experienced high volatility on April 10, with investors remaining cautious about inflation and geopolitical tensions, while the Nasdaq was supported by technology stocks.
The trading session on Wall Street on Friday, April 10 (morning of April 11 in Vietnam time) was marked by a fierce competition among the major indices, reflecting investors’ caution in the face of a series of interdependent macroeconomic factors. However, the market closed its most positive week in months.
At the close, the S&P 500 slightly declined by 0.1% to 6,816.89 points. The Dow Jones Industrial Average lost 269.23 points, or 0.6%, to settle at 47,916.57 points. In contrast, the Nasdaq Composite rose by 0.4% to 22,902.89 points, buoyed by technology stocks. The Russell 2000, small-cap index, also fell by 0.2%, indicating a widespread correction in many sectors.
This contrasting trend clearly reflects the market’s divergence, as investors simultaneously monitor recently released inflation data and complex signals from the geopolitics situation in the Middle East.
According to a report from the U.S. Department of Labor, the Consumer Price Index (CPI) recorded its biggest increase in March in over four years, mainly due to the surge in energy prices, particularly gasoline which rose by 21.2%, reaching a level not seen in over sixty years. However, core inflation, an indicator that excludes food and energy prices, was below expectations, somewhat easing pressure on the U.S. Federal Reserve’s monetary policy.
Nevertheless, the bond market reacted strongly to this data, with yields rising again and putting pressure on rate-sensitive sectors like financials and industrials. This is also why the Dow Jones, which includes many traditional stocks, experienced a steeper decline compared to other indices.
On the other hand, the technology sector continued to play a significant role in the market. Semiconductor values and major technology stocks benefited from positive growth prospects and favorable first-quarter results, contributing to the Nasdaq’s upward momentum despite general uncertainty.
Apart from economic factors, geopolitical tensions in the Middle East remain a major influencing element for investor sentiment. Early signals of a potential resumption of negotiations between the U.S. and Iran raised hopes of de-escalation, but many risks persist.
A fragile two-week ceasefire risks falling apart due to ongoing violations, including Israeli airstrikes resuming in Lebanon. Prime Minister Benjamin Netanyahu expressed a desire to engage in direct dialogue with Beirut, yet the situation on the ground shows no clear signs of stabilization.
Iran notably closed the Strait of Hormuz, a key oil shipping route globally, and imposed strict conditions for the resumption of negotiations, including a ceasefire in Lebanon and asset freezes. Previously, President Donald Trump also issued strong warnings, further pressuring global markets.
In this context, trading activity became more cautious, especially as a long weekend approached. According to Jed Ellerbroek, a portfolio manager at Argent Capital Management, investors are being cautious due to the possibility of unexpected revelations after the market closes.
He noted that recent trends show the market often has a positive performance early in the week but weakens towards the end, as investors tend to reduce risks in the face of unpredictable events.
Liquidity remained low to average during the session, reflecting the caution of many investors. The market awaits clearer signals from the macroeconomic environment as well as upcoming first-quarter results.
Despite a mixed performance on April 10, the U.S. stock market recorded impressive gains for the week. The Nasdaq rose by approximately 4.7%, the S&P 500 by 3.6%, and the Dow Jones by 3%, marking their best weekly performances since last November. This indicates a significant improvement in investor morale after a period of unprecedented volatility.
However, since the beginning of 2026, the indices have not fully returned to a sustained upward trend. The S&P 500 and the Dow Jones remain slightly down, while the Nasdaq, though more positive, remains below its early-year level, showing that the market is still in a correction phase and seeking a new momentum.
Experts believe that in the short term, the market will continue to be influenced by three main factors: inflation and the Fed’s policy, the evolution of the geopolitical situation in the Middle East, and corporate results. Among these, any positive signals regarding inflation control or easing of tensions could be significant catalysts.
Conversely, if energy prices continue to rise or conflicts escalate, the risk of correction will be higher, especially as U.S. stock valuations remain high after years of growth.
Overall, the session on April 10 revealed a market in a “fragile balance,” where buying and selling forces constantly clash. The medium-term upward trend remains intact, but short-term volatility is likely to persist, prompting investors to be cautious and flexible in their trading strategies.
Source: https://thoibaonganhang.vn/pho-wall-giang-co-nasdaq-bat-tang-nho-cong-nghe-180369.html
