{"id":75705,"date":"2026-04-13T14:18:30","date_gmt":"2026-04-13T14:18:30","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/dow-sp-500-nasdaq-slide-after-trump-orders-hormuz-blockade-against-iran\/"},"modified":"2026-04-13T14:18:30","modified_gmt":"2026-04-13T14:18:30","slug":"dow-sp-500-nasdaq-slide-after-trump-orders-hormuz-blockade-against-iran","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/dow-sp-500-nasdaq-slide-after-trump-orders-hormuz-blockade-against-iran\/","title":{"rendered":"Dow, S&#038;P 500, Nasdaq slide after Trump orders Hormuz blockade against Iran"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->US stocks moved lower on Monday after President Trump ordered a US blockade of the Strait of Hormuz following the collapse of US-Iran negotiations.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The Dow Jones Industrial Average (^DJI) led the retreat, down 0.7%, or over 350 points, as surging oil prices revived concerns about inflation and risks to global growth. Meanwhile, the S&amp;P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) dropped by 0.3%.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Trump&#8217;s move to block all maritime traffic through the Strait of Hormuz escalated already high tensions in the Middle East. That has piled on even more risk for markets whose hopes for a cessation in hostilities were dented by the breakdown in negotiations in Islamabad.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->&#8220;Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,&#8221; Trump wrote on Truth Social. The blockade is scheduled to start at 10 a.m. ET on Monday.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Iran responded by vowing to target all Persian Gulf ports if its own energy hubs are threatened, calling the US move &#8220;an act of piracy.&#8221;<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Oil prices jumped back above $100 on the threat to global energy flows, with the global benchmark Brent crude (BZ=F) rising 7% to nearly $102 a barrel, while the US counterpart, West Texas Intermediate futures (CL=F), were up over 7% to top $103 per barrel.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Closer to home, Goldman Sachs (GS) kicked off bank earnings with strong profits, though shares fell alongside broader stock losses. First quarter results from Bank of America (BAC), Wells Fargo (WFC), Citigroup (C), JPMorgan Chase (JPM), and Morgan Stanley (MS) will follow as the week progresses.<!-- HTML_TAG_END --><\/p>\n<p><span class=\"caas-live-blog-section-badge isLive yf-1akp1w0\">LIVE<\/span> <span class=\"caas-live-blog-section-badge-count yf-1akp1w0\">7 updates<\/span><\/p>\n<div class=\"liveblog-posts yf-1akp1w0\">\n<ul class=\"liveblog-list yf-1akp1w0\" data-testid=\"blog-posts\">\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"6aced734-270e-4311-ad74-ef4dc0a45a83\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Stocks fall at the open as oil climbs on threat of US Hormuz blockade<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Oil prices rose on Monday after US-Iran talks fell through, putting pressure on stocks to start the trading week.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The S&amp;P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) fell 0.3%, while the Dow Jones Industrial Average (^DJI) slid 0.7% in the first minutes of trading.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Oil was back above $100 per barrel, with Brent (BZ=F) trading at $101 per barrel and West Texas Intermediate (CL=F) trading at $103 per barrel.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Goldman Sachs (GS) shares fell more than 3% despite reporting a profit increase driven by equity trading in the first quarter. The earnings call with CEO David Solomon just started \u2014 you can listen to it live here.<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"558cb4e6-d6d0-40eb-bf86-cc388858e116\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Treasury yields jump as oil prices rise<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Treasurys sold off on Monday as President Trump&#8217;s threat to block the Strait of Hormuz and new consumer price data released on Friday revived higher inflation expectations.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->As oil prices surged on Monday, the 10-year yield (^TNX) climbed 3 basis points to 4.34%, while the longer-dated 30-year yield (^TYX) rose 2 basis points to 4.93%. Bond yields trade inversely to bond prices, meaning prices were lower on Monday.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The US dollar index (DX-Y.NYB) also climbed to nearly 99 as higher oil prices supported the notion that the Fed would hold or raise interest rates.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"b466efd0-8404-4a63-b4c0-fc0bc66f8667\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Goldman Sachs stock drops despite strong profits from stock trading, M&amp;A surge<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Goldman Sachs\u2019 (GS) profits climbed in the first quarter, fueled by jumps in M&amp;A dealmaking and record equity trading.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->But the stock dropped 3% in premarket trading as intermediation revenue for fixed income, currencies, and commodities fell short of expectations.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Yahoo Finance&#8217;s David Hollerith reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here.<\/em><!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"925793a3-943f-4070-8b53-453604162ab6\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Wary investors eye another escalation in Iran war<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->The prospect that the Iran war will reintensify after the failure of peace talks threatens to spark fresh volatility across global markets, after a week that saw a fragile ceasefire drive stocks up and oil down by the most this year.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->From Bloomberg:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here<\/em>.<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"603a36d5-2c50-4f3c-9016-4d094cbcba3a\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">&#8216;Not as bullish&#8217;: Big banks are entering Q1 earnings season on less certain footing than in January<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Wall Street\u2019s biggest banks are riding into the first quarter earnings season on far less certain ground than where they began 2026. This coming week, their ability to churn out more profits will once again be put to the test.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Yahoo Finance&#8217;s David Hollerith reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here<\/em>.<!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"b4ce97ff-8a41-49df-a9a3-00b09dbd8fb4\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">TSMC on track for fourth quarter of record profits ahead of earnings report<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Reuters reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here. <\/em><!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<li class=\"caas-liveblogpost yf-g1zpqf\" id=\"a257c8ee-d61d-4e69-bd79-61572b3c22d4\" data-testid=\"blog-post\">\n<div class=\"liveblogposts-post yf-g1zpqf\">\n<div class=\"content-wrapper no-pfp with-author-name yf-g1zpqf\">\n<div class=\"content-body yf-g1zpqf\">\n<div class=\"content-block no-pfp with-author-name yf-g1zpqf\">\n<h2 class=\"headline yf-g1zpqf\">Oil prices pump after Trump announces Hormuz blockade<\/h2>\n<div class=\"body yf-g1zpqf\">\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START -->Bloomeberg reports:<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1fy9kyt\"><!-- HTML_TAG_START --><em>Read more here. <\/em><!-- HTML_TAG_END --><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks moved lower on Monday after President Trump ordered a US blockade of the Strait of Hormuz following the collapse of US-Iran negotiations. The Dow Jones Industrial Average (^DJI) led the retreat, down 0.7%, or over 350 points, as surging oil prices revived concerns about inflation and risks to global growth. Meanwhile, the S&amp;P [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[6886,412,65,223],"class_list":["post-75705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-maritime-traffic","tag-nasdaq-composite","tag-president-trump","tag-strait-of-hormuz"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/diyhaven858.wasmer.app\/wp-content\/uploads\/2026\/04\/1776073434_1f99bb40-36c2-11f1-beb6-45c5d82e07e8.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/75705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/comments?post=75705"}],"version-history":[{"count":0,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/75705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media\/75573"}],"wp:attachment":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media?parent=75705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/categories?post=75705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/tags?post=75705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}