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2026-04-07 22:22:16
[Nasdaq Falls 1% in Early Trading as Deadline for Iran to Reopen Straits Approaches] U.S. stocks fell on Tuesday as the deadline set by the United States for Iran to reopen the Strait of Hormuz approached, dampening market hopes for a deal. The Dow Jones Industrial Average fell more than 400 points, or 0.9%, in early trading; the Nasdaq led the decline, falling 210 points, or 1%, while the S&P 500 fell 0.7%. U.S. President Trump tweeted on Truth Social on Tuesday that Iran's entire civilization will perish tonight and never be rebuilt. He doesn't want it to happen, but it's very likely to happen. In individual stocks, Broadcom bucked the trend, rising 3%, benefiting from its expanded artificial intelligence cooperation agreement with Google and Anthropic.
