RSP closed at $196.65 (down 0.72%) on April 10, 2026, as the equal-weight ETF faced pressure from a deepening energy crisis and significant inflationary spikes. The decline reflects broader market weakness and heightened sensitivity to surging oil prices.
- North Sea oil prices exceeded $140 per barrel following UK-Russia tensions and strikes on Russian oil platforms, impacting RSP's energy and small-cap exposure.
- Headline CPI rose 0.9% monthly—the sharpest surge since 2022—keeping inflation well above the Federal Reserve's 2% target.
- Geopolitical risks, including the Strait of Hormuz blockade and stalled peace negotiations, continue to pressure equities despite stable core inflation at 0.2%.