Trade Republic vs. DEGIRO ETF Savings Plans: 2026 EUR Cost & Feature Breakdown

A cooler-than-expected inflation print sent U.S. equities sharply higher on **May 10, 2026**, with the S&P 500 posting its biggest daily gain in over a month. Markets cheered signs that price pressures are easing, boosting hopes for a Federal Reserve rate cut later this year. ## Stocks Surge on Softer CPI The **S&P 500** closed up **2.4%** at **5,338**, while the **Nasdaq Composite** soared **2.9%** to **17,220**, both hitting fresh record highs. The blue-chip **Dow Jones Industrial Average** added **1.7%**, ending the session at **39,850**. Investors responded enthusiastically to April’s Consumer Price Index (CPI) report, which showed headline inflation rising just **0.2%** month-over-month—below economists’ forecasts. The report’s details revealed moderation in both goods and services prices, fueling expectations that the Federal Reserve may have more leeway to lower rates in the second half of 2026. Trading volumes spiked as investors rotated into risk assets, with growth and technology names leading the charge. ## Bonds Rally, Dollar Slides Treasury yields fell across the curve as investors recalibrated their outlook for monetary policy. The yield on the **10-year Treasury note** dropped **12 basis points** to **4.11%**, its lowest close since March. Shorter maturities also rallied, with the **2-year yield** down to **3.92%**. The U.S. dollar weakened in response to the dovish shift. The **DXY dollar index** slipped **0.5%** to **102.9**, while the **EUR/USD** pair climbed above **1.12** for the first time since January, reflecting renewed confidence in the eurozone’s relative economic resilience. ## Commodities Mixed as Oil Stabilizes In commodities, **Brent crude** settled little changed at **$81.10 per barrel**, stabilizing after recent volatility tied to Middle East tensions and shifting demand forecasts. **Gold** caught a bid as yields fell, climbing **1.3%** to **$2,430 per ounce**, as investors hedged against ongoing macro uncertainty. ## Key Movers: Tech and Consumer Discretionary Shine Tech giants led the day’s gains. **Apple (AAPL)** jumped **3.5%** after unveiling new AI-powered features for its iOS ecosystem. **Nvidia (NVDA)** surged **4.1%**, extending its 2026 rally as investors bet on continued strength in data center demand. Consumer discretionary stocks also outperformed. **Amazon (AMZN)** rose **2.8%**, buoyed by strong retail sales data and renewed optimism for consumer spending. The sector benefited from the prospect of easing inflation boosting real incomes. Financials lagged the broader market, with major banks like **JPMorgan Chase (JPM)** and **Wells Fargo (WFC)** up less than 1%, as falling yields weighed on net interest margin expectations. ## What to Watch Markets are now bracing for next week’s **FOMC minutes**, which could offer more clues about the Fed’s reaction function after the latest CPI print. Investors will also parse fresh economic data, including U.S. retail sales and eurozone industrial production, for signs of consumer and manufacturing momentum. Earnings season is winding down, but results from key European banks and U.S. retailers could inject further volatility. As investors consider how to position in a shifting macro landscape, many are revisiting their approach to steady, long-term investing. For those seeking to automate their equity exposure, our guide on ETF savings plans on Trade Republic and DEGIRO offers a timely deep dive into this increasingly popular strategy. For a closer look at platform comparison and brokerage costs, see our recent analysis of Interactive Brokers vs. Trade Republic vs. DEGIRO in 2026, or explore tips for choosing the best EUR brokerage for buy-and-hold investors. With inflation cooling and central bank policy at a crossroads, the coming weeks promise no shortage of catalysts for global markets. Stay tuned as Finance Daily Shot tracks every twist and turn.