# The Dow Jones fell 181 points, the S&P 500 dropped 45 points (0.68%), and the Nasdaq slid nearly 1.2%.

*business · news · 2026-04-07 · The Economic Times*

## Key points

- US strikes near Iran’s Kharg Island triggered a sharp sell-off across US stock indices today.
- Brent crude oil surged above $111 and WTI neared $116, fueling global inflation fears.
- President Trump set an 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz.
- Recent US core capital goods orders rose 0.6% in February, but January was revised lower.
- Positive corporate news, like Broadcom’s AI partnerships, failed to offset macro-driven market declines.

**Companies:** Apple Inc., Tesla, Inc., NVIDIA Corporation, Intel Corporation, Broadcom, Sky Quarry, Inc., Kiora Pharmaceuticals, Inc., Plug Power Inc., Terns Pharmaceuticals, Inc., Grab Holdings Limited
**Countries:** United States, Iran

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/why-us-stock-market-crashes-today-dow-jones-sp-500-and-nasdaq-in-deep-red-today-iran-tensions-rise-and-surging-oil-prices-shake-wall-street/articleshow/130090123.cms)

---

Canonical: https://newsio.io/n/1bbba04f-7943-4c9a-959e-73b8965ef8b2/the-dow-jones-fell-181-points-the-sp-500-dropped-45-points-0-68-and-the-nasdaq-s
Summarized by Newsio from The Economic Times. https://newsio.io/how-it-works