Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
(1848 EDT) Dow futures drop 500 points after Trump announces Strait of Hormuz blockade as talks fail
https://www.cnbc.com/2026/04/12/stock-market-today-live-updates.htmlU.S. stock futures tumbled on Sunday night after President Donald Trump announced a blockade of the Strait of Hormuz, as peace talks between the U.S. and Iran over the weekend ended without a deal.
Dow Jones Industrial Average futures dropped by 517 points, or 1.1%. S&P 500 futures lost 1.1% and Nasdaq 100 futures shed 1.2%.
(snip)
WTI crude oil jumped 7.9% to $104.19 a barrel as trading began Sunday.
U.S. central command said it will begin blocking all maritime traffic in and out of Iran’s ports at 10 a.m. ET Monday. The U.S. said it will not block vessels using the strait to get to non-Iranian ports.
(snip)