--- title: "April 10th Review: One wave hasn't settled before another rises, causing turbulence in the stock market" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39832499.md" description: "Sharing the flowers I received yesterday~ This time they are in light colors. First, let's hear the story: The US-China tariff war has seen a new round of escalation. While the US has raised tariffs on China to 125%, China has responded with a "fight to the finish" attitude, but the bilateral economic and trade consultation mechanism is still maintaining communication. In the Middle East, the US-Iran "two-week ceasefire" lasted only one day before being disrupted by Israeli airstrikes on Lebanon. The market is rapidly switching between hopes for a ceasefire and rumors of renewed conflict, with global stock markets experiencing an "emotional roller coaster." Looking at the broader US stock market, Nasdaq Composite Index futures are down 0.16%, and Dow Jones Industrial Average futures are down 0.21%..." datetime: "2026-04-10T12:43:22.000Z" locales: - [en](https://longbridge.com/en/topics/39832499.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39832499.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39832499.md) author: "[圖表不會騙人](https://longbridge.com/en/profiles/25202815.md)" --- # April 10th Review: One wave hasn't settled before another rises, causing turbulence in the stock market Sharing the flowers I received yesterday with everyone~ This time it's a light color scheme. **First, the story** The China-US tariff war has entered a new round of escalation. While the US raised tariffs on Chinese goods to 125%, China responded with a "fight to the end" attitude, though communication channels for economic and trade consultations are still maintained. In the Middle East, the US-Iran "two-week ceasefire" lasted only one day before being disrupted by Israeli airstrikes on Lebanon. The market rapidly switched between hopes for a ceasefire and rumors of renewed conflict, with global stock markets experiencing an "emotional rollercoaster." **Now, the broader market** In the US stock market, Nasdaq Composite Index futures -0.16%, Dow Jones Industrial Average futures -0.21%, S&P 500 Index futures -0.16%, with market sentiment turning panicky due to the latest news. In the Hong Kong market, the Hang Seng Tech Index +0.80%, Hang Seng Index +0.55%. In the A-share market, the Shanghai Composite Index +0.51%, Shenzhen Component Index +2.24%. **Now, let's look at individual stocks** Apple (AAPL): Closed up 0.61%, showing a rebound trend after a period of volatile decline. Support levels around 243/254, resistance around 276/288. NVIDIA (NVDA): Closed up 1.01%, pre-market down 0.62%. It rebounded after hitting bottom recently, but is now showing a downward trend due to the situation. Support around 164/170, resistance around 184/191. Microsoft (MSFT): Closed down 0.34%. It has been fluctuating below the MA10 line recently. It's unclear if it can hold the 365~370 level later. Support around 356/366, resistance around 385/410. Tesla (TSLA): Closed up 0.69%. It has been on a volatile downtrend since the new year. Looking forward to a potential major reversal. Support around 325/340, resistance around 383/411. TSMC ADR (TSM): Closed down 0.11%. It continued to decline to the MA120 line before rebounding. Support around 314/332, resistance around 377/389. Tencent Holdings (00700.HK): Closed down 0.79%. After a rebound, it showed a volatile downtrend, but recently there have been signs of moving upward again. Support around 474/494, resistance around 528/576. **Summary** International situations are changing frequently, with one wave after another. Market sentiment has turned panicky, affecting stock markets. Although major indices are slightly up across the board, index futures reflect market unease. Let's continue to monitor how the situation develops.$NVIDIA(NVDA.US) $TENCENT(00700.HK) $Taiwan Semiconductor(TSM.US) ### Related Stocks - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [TSM.US](https://longbridge.com/en/quote/TSM.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [AAPB.US](https://longbridge.com/en/quote/AAPB.US.md) - [AAPD.US](https://longbridge.com/en/quote/AAPD.US.md) - [AAPU.US](https://longbridge.com/en/quote/AAPU.US.md) - [AAPX.US](https://longbridge.com/en/quote/AAPX.US.md) - [AAPY.US](https://longbridge.com/en/quote/AAPY.US.md) - [APLY.US](https://longbridge.com/en/quote/APLY.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)