Global Markets Mixed on US-Iran Ceasefire, Inflation Data

Global stock markets showed mixed reactions on April 10, 2026, as investors awaited key U.S. inflation data while monitoring a fragile two-week ceasefire between the United States and Iran, announced days earlier through Pakistani mediation. The agreement, which suspends planned U.S. military actions and halts Iranian defensive operations, has eased some tensions in the Strait of Hormuz but failed to fully restore confidence amid lingering geopolitical risks.

In New York, U.S. stock index futures traded flat to slightly lower in early morning sessions, with Dow Jones futures down 0.15 percent, S&P 500 futures off 0.08 percent, and Nasdaq 100 futures declining by the same margin. Traders focused on the March Consumer Price Index report, scheduled for release at 8:30 a.m. ET, which economists expect to show a 0.9 percent monthly increase and 3.3 percent annual rise. Core CPI, excluding food and energy, is projected to advance 0.3 percent for the month and 2.7 percent yearly. "The headline figure will probably be pretty ugly," said Brian Bethune, an economist at Boston College, highlighting potential passthrough effects from recent oil price spikes.