# The S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 40 points.

*business · news · 2026-04-09 · Times of India*

## Key points

- US crude oil prices surged 6.8% to $100.79 per barrel amid ceasefire uncertainty.
- Reports indicate Iranian forces may have mined the Strait of Hormuz, threatening global oil supply.
- Constellation Brands withdrew forward guidance despite beating quarterly earnings expectations.
- A key US inflation gauge for February came in slightly higher than expected, raising rate hike concerns.

**Companies:** Simply Good Foods, Constellation Brands
**Countries:** United States, Iran, Israel

[Read the full story on Times of India](https://timesofindia.indiatimes.com/business/international-business/us-stock-market-today-april-9-2026-dow-slips-sp-500-dips-oil-climbs-toward-100-as-ceasefire-doubts-weigh/articleshow/130146269.cms)

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