S&P 500, Nasdaq Snap Winning Streaks on US-Iran Tensions

2026-04-20 20:12 By Joana Taborda 1 min. read

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.



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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%).
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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.
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