The Daily News Now!
08 April 2026
Oil prices plummeted following a Middle East ceasefire, sparking a relief rally in stocks and a drop in the US dollar. The S&P 500 futures surged over 2%, European indices soared more than 4%, and Asia-Pacific shares outside Japan climbed 4%. Treasury yields also dipped, with the 10-year note falling 7.9 basis points to 4.261%. However, experts caution that the real test lies in the next two weeks as talks progress and tanker traffic resumes through Hormuz. Gold prices surged over 2% to $4,812 an ounce, and the Australian dollar rose 1.3% above 70 cents. Despite the rally, skeptics warn that the root issues remain, keeping re-escalation risks high. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest updates:https://sources.thednn.ai/3ae8a6a3b777eb2d
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