US Stocks Extend Losses

2026-04-20 17:27 By Andre Joaquim 1 min. read

US stocks extended their losses on Monday, pausing the surge from last week that slingshot indices to record highs as doubts of peace prospects in the Middle East threatened its energy supply.

The S&P 500 and Nasdaq 100 dropped around 0.5% each, while the Dow fell around 0.3%.

President Trump signaled that the current ceasefire with Iran will not be extended past Wednesday, likely maintaining the US and Iran blockades of commercial vessels crossing the Strait of Hormuz and preventing energy flows form the region.

Heavyweight tech companies led the decline.

Broadcom and Meta fell over 2%, while Microsoft, Nvidia, and Alphabet dropped more than 1%.

Notably, Tesla reversed its early gains to trade 2% lower ahead of its earnings event this week, the first among Magnificent 7 companies.

Similarly, Intel dropped over 1% ahead of its call, as investors prioritize risk management over speculative growth.



News Stream
The Dow Jones Index Closes 0.01% Lower
The Dow Jones Index decreased 5 points or 0.01 percent on Monday to close at 49443 points. The decline was led by 3M (-2.04%), P&G (-1.75%) and Merck (-1.65%). On the upside, the strongest performers were Salesforce (2.27%), JPMorgan (2.18%) and Cisco Systems (1.67%).
2026-04-20
S&P 500, Nasdaq Snap Winning Streaks on US-Iran Tensions
US stocks ended Monday on a softer note, as the S&P 500 slipped 0.2%, snapping a five-day winning streak. The Nasdaq fell 0.3%, bringing its 13-day rally to an end, while the Dow Jones Industrial Average hovered near flat at 49,442. Markets were weighed down by renewed geopolitical tensions following a setback in negotiations with Iran. US President Trump said it’s unlikely he would extend a truce with Tehran if an agreement isn’t reached before it ends this week, adding the Strait of Hormuz would remain blocked until an accord is finalized. The developments pushed oil prices higher. Sector performance was mixed, with communication services, utilities, and healthcare leading the declines, while materials, financials and energy posted gains. Among major stocks, Meta (-2.6%), Tesla (-2.0%), Alphabet (-1.2%), and Broadcom (-1.7%) recorded notable losses. Meanwhile, Apple (-1.0%) pared some declines, and JPMorgan (+2.2%) closed higher.
2026-04-20
US Stocks Extend Losses
US stocks extended their losses on Monday, pausing the surge from last week that slingshot indices to record highs as doubts of peace prospects in the Middle East threatened its energy supply. The S&P 500 and Nasdaq 100 dropped around 0.5% each, while the Dow fell around 0.3%. President Trump signaled that the current ceasefire with Iran will not be extended past Wednesday, likely maintaining the US and Iran blockades of commercial vessels crossing the Strait of Hormuz and preventing energy flows form the region. Heavyweight tech companies led the decline. Broadcom and Meta fell over 2%, while Microsoft, Nvidia, and Alphabet dropped more than 1%. Notably, Tesla reversed its early gains to trade 2% lower ahead of its earnings event this week, the first among Magnificent 7 companies. Similarly, Intel dropped over 1% ahead of its call, as investors prioritize risk management over speculative growth.
2026-04-20