
Stocks Mixed as Iran Tensions Simmer
About this episode
U.S. stocks closed mixed Tuesday, with the S&P and Nasdaq ending their winning streaks, as investors awaited President Trumps deadline for Iran to reopen the Strait of Hormuz. Oil prices fluctuated amid inflation fears and potential stagflation risks. Health stocks surged on higher Medicare payments, while Apple dipped on phone issues. Chip plays climbed with big AI deals. Markets remain focused on Iran talks amid rising tensions.
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US News Today | 2 Min News | The Daily News Now! — Stocks Mixed as Iran Tensions Simmer. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 7, U.S. stocks closed mixed Tuesday as the clock ticked toward President Trump's deadline for Iran to reopen the Strait of Hormuz. Major indexes pulled back in the final hour after Pakistan's Prime Minister Shabaz Sharif pushed for a two-week extension on social media, calling for steady diplomatic progress and a goodwill gesture from Iran to let ships through. Meanwhile, the S&P 500 NASDAQ ended their four-day winning streaks with the S&P of just 0.09% at around 6,1618. NASDAQ up 0.13% near 22,025 and the Dow down 0.17. Percent to 46,591. Investors are on edge, trying to gauge how much of Trump's tough talk is bluff and how much might turn real. Wealth manager Matthew Keeter says folks need to tweet portfolios based on their own situations amid the uncertainty. Oil prices swung wild since the U.S. and Israel declared war on Iran back on February 28th,
fueling inflation fears and messing with fed rate. Cut hopes. Chicago feds Austin ghoulsby warns of stack flation risks while durable goods orders drop sharp in February and this week's consumer price index could show wars full bite. Health stocks like United Health, Humana and CBS jumped on higher Medicare payments, Apple dipped on foldable phone glitches and chip plays braw come. An intel climbed with big AI deals from Alphabet and Elon Musk's crew. Markets stay glued to those Iran talks as tensions simmer. That's your U.S. News Today update, AI powered and always on.
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