US Stock Market Update: Dow Jones, S&P 500, Nasdaq futures fall as US-Iran tensions escalate
Published on 20/04/2026 05:54 PM
US stock futures slipped on Monday as a fresh flare-up in US-Iran tensions over the weekend rattled investor sentiment and cast a shadow over fragile peace efforts. Dow Jones Industrial Average futures fell 258 points (0.5%), while S&P 500 and Nasdaq-100 futures declined 0.5% and 0.4%, respectively.The downturn comes after US President Donald Trump claimed that American forces fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating the conflict after Tehran skipped another round of US-led peace talks. The situation worsened as Iran moved to restrict vessel traffic through the Strait of Hormuz, stoking fears of supply disruptions in a key global oil route.Crude prices surged on the back of these developments, with West Texas Intermediate jumping over 6% to above $88 per barrel and Brent crude climbing past $95 per barrel, amplifying inflation concerns and adding another layer of uncertainty for markets already navigating record highs.The earnings season is set to intensify, with 88 companies from the S&P 500 scheduled to report results in the coming week.Key names include Tesla and Boeing, alongside United Airlines and chipmaker Intel.The reporting season has started on a strong note, with data from FactSet showing that about 86% of the roughly 50 companies that have reported so far have beaten earnings expectations.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.