# stocks closed mixed as investors weighed Middle East tensions and Iran peace talks.

*business · news · 2026-04-10 · The Economic Times*

## Key points

- The Strait of Hormuz remains closed by Iran, demanding a Lebanon ceasefire and asset unfreezing.
- The latest CPI showed the largest monthly consumer price jump in nearly four years, driven by energy.
- Core CPI was cooler than expected, but oil shocks are expected to prolong high inflation.
- University of Michigan consumer sentiment plunged to a record low, with expectations at their lowest since 1980.
- San Francisco Fed President Mary Daly said the Iran war oil shock will delay reaching the 2% inflation target.

**Companies:** Taiwan Semiconductor Manufacturing, Broadcom, Super Micro Computer, Texas Pacific Land, McCormick & Co, Akamai Technologies, Fair Isaac, ServiceNow, Palo Alto Networks, CoreWeave
**Countries:** United States, Iran, Taiwan

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-today-us-stocks-end-mixed-notches-weekly-gains-as-investors-parse-middle-east-negotiations/articleshow/130179665.cms)

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