Newsquawk Daily US Opening News – 10th April 2026
OMING UP: Data: Japanese PPI (Mar), Chinese Inflation Report (Mar), German Inflation Final (Mar), Norwegian Inflation (Mar), Swedish GDP (Feb), Canadian Jobs Report (Mar), US Inflation (Mar), University of Michigan Consumer Sentiment Prelim. (Apr). Events: BoK Policy Announcement. Speakers: ECB’s de Guindos. Supply: Australia, Italy. Credit Ratings: Moody’s on France; S&P on the UK; Scope Ratings on Hungary.
MARKET WRAP
US500 (SP500) 4 HOUR
Reaction to news suggests bulls are looking for reasons to extend the rebounds but an uncertain outcome to weekend peace talks and associated risk of a failure argue for a cautious end to the week,
Otherwise, for the strong rebound off 6310 to gain momentum, 6837 needs] to be broken and 6800 would need to become support.

NAS100 (NASDAQ) 4 HOUR
Stock market bulls are looking for any signs to continue the recovery but the risk on two sides with seemingly irreconcilable differences trying to find common ground suggests caution ahead of weekend peace talks.
In any case, 25000 remains pivotal as it needs to become support for momentum to build to the upside.

April 8 Earnings Release
(RPM) RPM International reported quarterly net sales of $1.61B (+8.9% YoY), driven by improved gross margins and strong growth in its CPG and PCG segments. Net income was $51.4M with diluted EPS of $0.40, while operating cash flow reached $656.7M for the nine-month period
(APLD) Applied Digital reported Q3 FY2026 revenue of $126.6M (+139% YoY), with adjusted EBITDA of $44.1M and adjusted net income of $33.2M. The company is in talks for 900 MW projects and carries ~$2.7B in long-term debt; shares fell ~5% after-hours.
(RELL) Shares of Richardson Electronics jumped 14% in the morning as investors reacted positively to its strong Q1 2026 earnings. The company beat expectations on both revenue and profit, reporting $55.47M in revenue (+3.1% YoY), above the $53.13M consensus estimate.
April 8 Earnings Release
(DAL) Delta Air Lines shares rose 5.4% to $69.16 after its earnings release and a reported two-week U.S.–Iran cease-fire, nearing their highest close since February 26, driven by both strong results and easing geopolitical tensions.
In Q1 2026, revenue increased by $1.8B year over year and earnings rose ~40% on record revenue. For June, Delta guides low-teens revenue growth, margin expansion, a ~3.5ppt capacity cut, jet fuel at ~$4.30/gal, and adjusted EPS of $1.00–$1.50.
(STZ) Constellation Brands, Inc. reported Q4 sales of $1.92B (–11%) and adjusted EPS of $1.90. For FY26, sales were $9.14B (–10%) with EPS of $11.82. FY27 EPS guidance is $11.10–$11.80 with beer organic sales expected between –1% and +1%.
Forex 2 / WTI is a tradable pony … within limitations as it is a regional instrument to US market
vs Brent which is a product whose pricing expression is relevant to 60%+ of international oil volume buyers
altho I personally do not care if my profits come from a camel’s derriere atm I prefer to center my time and trading risk efforts on a wider-traded instrument.
I continue to substitute-use eurdlr pricing dynamic vs bbrg news feed as pre-cursor to brent’s reverse-correlation price action
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