Wall Street off session lows as Trump’s Iran deadline looms

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices mostly higher with WTI topping $115 as Trump’s Hormuz deadline looms Iran latest: Trump warns of destruction of Iranian civilization if demands not met Goldman sees tech buying opportunity after one of worst stretches in 50 years Trump’s Iran threat looms large; Broadcom’s Google deal - what’s moving markets (South Africa Philippines Nigeria) Wall Street off session lows as Trump’s Iran deadline looms By Economy Published 04/07/2026, 07:58 AM Updated 04/07/2026, 02:36 PM Wall Street off session lows as Trump’s Iran deadline looms 0 US500 -0.51% DJI -0.54% INTC 2.43% GOOGL 0.84% AAPL -3.06% HUM 9.05% CVS 6.18% UNH 10.30% CL 1.74% AVGO 5.12% TSLA -3.34% IXIC -0.76% DJT 0.47% Crude Oil WTI Spot US Dollar 1.49% By Stephen Culp and Purvi Agarwal NEW YORK, April 7 - U.S. stocks were lower on Tuesday as investors steeled themselves ahead of President Donald Trump’s deadline for Iran to open the Strait of Hormuz. All three major U.S. stock indexes were well off session lows as markets awaited signs of progress in ongoing negotiations. Even so, the S&P 500 and the Nasdaq remained on track to snap their respective four-day streaks of gains. "Clearly, markets are focused on the looming deadline put forward by the administration for 8 o’clock this evening," said Bill Northey, senior investment director at U.S. Bank Wealth Management in Billings, Montana. "Markets are seeking some degree of clarity regarding an escalation or an offramp." While attacks on Iran intensified, the country had not yet allowed traffic to resume through the crucial Strait of Hormuz waterway, despite Trump’s threats if a deal is not reached by the end of Tuesday. Oil prices have surged since the United States and Israel declared war on Iran on February 28, rattling markets, igniting fears of rising inflation and dampening hopes that the U.S. Federal Reserve will cut interest rates this year. Front month U.S. WTI crude backed off from se...