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Dow Jones sinks 360 points as Iran talks collapse, oil surge rattles markets

By Invezz April 13, 2026 Bearish
Dow Jones sinks 360 points as Iran talks collapse, oil surge rattles markets
US stocks fell sharply on Monday, having a weak start to the week as investors reacted to the collapse of weekend negotiations between the United States and Iran, alongside a surge in oil prices following new military developments in the Strait of Hormuz. The Dow Jones Industrial Average dropped 368 points, while the S&P 500 fell around 0.32%, and the Nasdaq 100 declined roughly 0.28%.
US stocks fell sharply on Monday, having a weak start to the week as investors reacted to the collapse of weekend negotiations between the United States and Iran, alongside a surge in oil prices following new military developments in the Strait of Hormuz. The Dow Jones Industrial Average dropped 368 points, while the S&P 500 fell around 0.32%, and the Nasdaq 100 declined roughly 0.28%.