# The S&P 500 Index ($SPX) (SPY) is down -0.04%, the Dow Jones Industrial Average ($DOWI) (D.

*business · news · 2026-04-09 · Barchart*

## Key points

- Over 800 vessels are trapped in the Persian Gulf due to Iran restricting Strait of Hormuz access.
- US Q4 GDP was revised downward to +0.5%, below the expected +0.7%.
- US Feb personal income unexpectedly fell -0.1%, marking the first decline in nine months.
- Marvell Technology stock rose over 4% after Barclays upgraded it with a $150 price target.
- CoreWeave secured a $21 billion deal to supply AI cloud capacity to Meta Platforms through 2032.

**Companies:** Meta Platforms, Salesforce, Intel, Texas Instruments, Constellation Brands, Palantir Technologies, Marvell Technology, Whitestone REIT, CoreWeave, Atlassian, Zscaler, Okta, CrowdStrike Holdings, Cloudflare, Palo Alto Networks, Fortinet, Advanced Micro Devices, Applied Materials, KLA Corp, Micron Technology, Simply Good Foods
**Countries:** United States, Iran, Germany, China, Japan

[Read the full story on Barchart](https://www.barchart.com/story/news/1222533/stocks-under-some-pressure-as-optimism-fades-over-us-iran-ceasefire)

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