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Futures Fall as U.S. Threatens Strait of Hormuz Blockade, Earnings Season Starts

By Schwab Network April 13, 2026 Bearish
Futures Fall as U.S. Threatens Strait of Hormuz Blockade, Earnings Season Starts
With the Middle East truce starting to show cracks after U.S. negotiations with Iran ended without a deal, stock futures are falling and oil prices are spiking on Monday morning. Kevin Green discusses what this may mean for the global economy is the U.S. planned blockade of the Strait of Hormuz, gold's weakness, and the kickoff of earnings season with Goldman Sachs (GS) reporting.
With the Middle East truce starting to show cracks after U.S. negotiations with Iran ended without a deal, stock futures are falling and oil prices are spiking on Monday morning. Kevin Green discusses what this may mean for the global economy is the U.S. planned blockade of the Strait of Hormuz, gold's weakness, and the kickoff of earnings season with Goldman Sachs (GS) reporting.