April 8 2026 – Today’s Market News – Ceasefire Shockwaves – Iran Deal Moves Oil Markets as Intel Surges on Terafab Vision.

April 8, 2026 Centrino Capital

Investors Stay Cautious Despite Relief Rally from Easing Geopolitical Tensions

Markets turned more positive after a 2-week U.S.–Iran ceasefire eased fears of a wider conflict, with oil +0.68% and equities edging higher (Nasdaq +0.10%), while gold slipped −0.55%, reflecting mixed sentiment.

Today’s Snapshot

• Nasdaq Composite: 21,996.34 (+0.098%)
• KOSPI: 5,494.78 (+6.53%)
• Nikkei 225: 53,429.56 (+5.48%)
• Gold: $4,705.85 (-0.55%)
• Brent crude: $109.27/bbl. (+0.68%)

Global Markets

(A) Precious Metal

Gold: $4,705.85 (- 0.55%)

Gold prices changed a little in almost three weeks after Trump agreed to halt airstrikes on Iran for two weeks, easing worries about war‑driven energy costs and inflation.

(B) Energy

Brent crude: $109.27/bbl. (+0.68%)

Oil prices plunged after a temporary 2 week ceasefire agreement raised hopes that the Strait of Hormuz would reopen, easing supply concerns and inflation pressures.

(C) FX

USD/INR: 92.30 (- 1.12%)

The Indian Rupee (INR) strengthened to its highest level in nearly three weeks against the US Dollar (USD) during Wednesday’s opening trade. The USD/INR pair declined toward 92.30 as the dollar weakened and global oil prices dropped, following news of a temporary ceasefire between the United States and Iran.

(D) Stock Market - What Happened Today

U.S. Equities

Nasdaq Composite:21,996.34 (+0.098%)

The Nasdaq Composite edged slightly higher, supported by modest gains in technology and growth stocks.

Major Mover:

Intel Corp | NASDAQ: INTC | +4.19% ▲

Intel shares surged after the company announced it will participate in Elon Musk’s Terafab project, contributing to the production of high-performance chips for SpaceX, xAI, and Tesla.

Terafab represents an ambitious plan to build a large-scale semiconductor manufacturing facility.

South Korea

SK hynix Inc | KRX: 000660 | +13.65% ▲

SK hynix shares jumped ~13-15% after Samsung Electronics projected a sharp earnings rebound, signaling strong recovery in the memory chip cycle.

The outlook reinforced expectations of tighter supply and higher prices for DRAM and HBM (high-bandwidth memory), where SK hynix is a key supplier. HBM demand – critical for AI servers – is expected to grow over 50% in 2026.

Written by Zahal

Volatility & Positioning

The VIX is currently around ~23-24, slightly lower on the day, which suggests moderate volatility, with markets still cautious but not in panic mode.

What Traders Are Watching

Ceasefire durability – whether the U.S.-Iran agreement holds or escalates again.
Oil price direction – continued declines could ease inflation and support equities.
Central bank response – whether policymakers look through the energy shock or react to rising inflation risks.

Yesterdays Market News – 7 April 2026

Markets were volatile as oil surged near $110/bbl. on escalating Middle East tensions, dragging equities lower and raising inflation concerns. Investor sentiment remained fragile ahead of key geopolitical developments.

Catch up on: Strait of Hormuz Shockwave: Oil Soars, Currencies Crack, and Markets Brace.

Sources

Disclaimer:

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