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Oil Shock, Soft Landing Vibes: Stocks Grind Higher as Bonds Catch a Bid

Market Wrap-up for April 02, 2026: Oil Shock, Soft Landing Vibes: Stocks Grind Higher as Bonds Catch a Bid

KAHROS Team

TL;DR

Quick Summary

* S&P 500 finished at 6,581.56 (+6.24) while the Nasdaq ended at 21,879.1817 (+38.2347); the Dow slipped to 46,504.68 (-61.07).

* Treasury yields moved lower (10-year at 4.307, down 0.012), even as oil ripped higher—classic “mixed macro” tape.

* Crude oil surged to 111.64 (+11.52) as energy inflation fears crept back into the conversation; the dollar firmed with the US Dollar Index at 99.852 (+0.201).

* Crypto cooled: Bitcoin fell to 67,037.49 (-1,074.86) and Ether to 2,071.41 (-68.80), a reminder that risk appetite isn’t one single trade.

The Close: Markets Tried to Stay Chill While Oil Yelled

Thursday, April 2, 2026 was one of those sessions where the headline move (energy) tried to hijack everything else—and didn’t quite succeed.

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Market Wrap-up for April 02, 2026: Oil Shock, Soft Landing Vibes: Stocks Grind Higher as Bonds Catch a Bid | KAHROS