[New York Stock Exchange] Falling After U.S. Kharg Island Strike... Nasdaq Down Over 1%

Trump warns on social media: "Tonight, an entire civilization will disappear"
Pressure on Iran escalates ahead of negotiation deadline
Major market cap stocks trending downward

New York Stock Exchange. New York, USA - Photo by Yoonjoo Hwang

On April 7 (local time), the deadline for ceasefire negotiations in the Iran war, the three major U.S. stock indexes are showing declines. Investor sentiment is weakening following a U.S. military attack on Iran's Kharg Island and statements by U.S. President Donald Trump hinting at a large-scale airstrike. The Nasdaq index is rapidly widening its losses, falling by more than 1%.

According to the home trading system (HTS) at 10:50 a.m. on the New York Stock Exchange (NYSE), the Dow Jones Industrial Average (Dow) is down 214.24 points (0.46%) from the previous session at 46,455.64. The S&P 500 index, which focuses on large-cap stocks, is down 47.75 points (0.72%) at 6,564.43, and the Nasdaq index, which focuses on technology stocks, is down 274.022 points (1.25%) at 21,722.334.

Before the market opened, President Trump stated on social media, "Tonight, an entire civilization will disappear and will never be restored," adding, "I do not wish for that to happen, but perhaps it will."

The previous night, U.S. forces attacked military facilities on Iran's Kharg Island. Both President Trump’s remarks and the U.S. military’s attack are being interpreted as efforts to increase pressure on Iran just half a day before the negotiation deadline.

Within a day, anxiety began to spread again in the markets, pushing stock prices down and driving oil prices higher. At this time, West Texas Intermediate (WTI) crude is trading at $115.80 per barrel, up 3.02% from the previous session. Brent crude is at $110.30 per barrel, up 0.46% from the previous session.

According to foreign media reports, the prevailing assessment is that it will be difficult to reach an agreement in the negotiations. Adam Crisafulli of Vital Knowledge commented, "There will not be a complete and final agreement by tonight," but added, "President Trump's options are very poor, and the U.S. has achieved most of its strategic objectives."

He continued, "Since Iran has made (small) concessions regarding the Strait of Hormuz, the likelihood that the U.S. Department of Defense and the Israel Defense Forces will launch indiscriminate search operations against civilian infrastructure targets today is low."

Oil stocks such as ExxonMobil (+1.42%) and Chevron (+2.56%) are on the rise. Meanwhile, airline stocks such as Delta (-1.99%), American Airlines (-2.84%), and United Airlines (-4.42%) are declining.

Among major technology stocks by market capitalization, there is a downward trend. Nvidia is down 1.41%, Apple is down 4.43%, Amazon is down 1.18%, and Meta is down 0.96%.

This content was produced with the assistance of AI translation services.