# The S&P 500 Index ($SPX) (SPY) is up +0.09%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.

*business · news · 2026-04-13 · Barchart*

## Key points

- President Trump ordered a full US naval blockade of the Strait of Hormuz today.
- Crude oil prices surged over 5% as the blockade threatens global oil and LNG supply routes.
- Oracle stock jumped over 8% after unveiling AI-powered utilities industry suite offerings.
- Revolution Medicines rose more than 35% after positive late-stage pancreatic cancer trial results.
- Sandisk will replace Atlassian in the Nasdaq 100 Index before the market opens on April 20.

**Companies:** Oracle, Salesforce, Goldman Sachs, Carnival, United Airlines Holdings, Delta Air Lines, Southwest Airlines, Norwegian Cruise Line Holdings, American Airlines Group, Alaska Air Group, ServiceNow, Workday, Atlassian, Cadence Design Systems, Conagra Brands, Hewlett Packard Enterprise, Revolution Medicines, Ideaya Biosciences, Leggett & Platt, Palantir Technologies, ON Semiconductor Corp, Fastenal
**Countries:** United States, Iran

[Read the full story on Barchart](https://www.barchart.com/story/news/1276813/stocks-recover-as-oracle-leads-software-companies-higher)

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