Stock Market Recap for Thursday, April 9, 2026

The major U.S. stock indexes continued to climb today, April 9, 2026, as the U.S.-Iran ceasefire agreement held and both sides signaled commitment to the two-week truce and working on the reopening of the Strait of Hormuz. The S&P 500 rose 0.62% (+41.85 points) to close at 6,824.66, the Dow Jones Industrial Average gained 0.58% (+275.88 points) to close at 48,185.80, and the Nasdaq Composite advanced 0.83% (+187.42 points) to close at 22,822.42. The VIX fell another 6.98% to 19.57. Despite the positive market tone, oil prices rebounded sharply, with WTI crude rising 4.80% to $98.94 per barrel. In dollar terms, the broader market (approximated by the S&P 500's roughly $58–60 trillion cap) added an estimated $360–390 billion in value.