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Pre-Market Report – Thursday 9 April: US Markets Jump on Ceasefire - SPI off 22 - BEN Quarterly - Copper jumps.

Published 1 month, 1 week ago
Description

Stocks soared Wednesday after President Donald Trump suspended attacks on Iran for two weeks, pausing a five-week conflict that closed a crucial waterway for global energy supplies. 

The Dow Jones Industrial Average ripped 1,325.46 points higher, or 2.85%, to 47,909.92. That was the benchmark’s best day since April 2025, when Trump first backed down from the severity of his initial tariff announcement. 

The S&P 500 popped 2.51% to 6,782.81, and the Nasdaq Composite surged 2.80% to 22,635.00.  West Texas Intermediate crude futures tumbled more than 16% to close at $94.41 per barrel, its biggest daily drop since April 2020. International benchmark Brent for June delivery lost about 13% to settle at $94.75 

SPI down 22 - US Futures ease after hours. Gold slips back - Copper soars.

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