TheStreet - April 7, 2026

Stocks down as public awaits Trump's Iran deadline

Trump controversially posted that "A whole civilization wil die...

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April 7, 2026

Happy Tuesday. Stocks are down as the public nervously awaits the 8 p.m. ET deadline of Trump's Iran ultimatum. With just over an hour remaining until market close, the S&P 500 is down around 0.53% for the day.

If Iran doesn't agree to reopen the Strait of Hormuz, a critical supply-chain chokepoint for oil and other crucial commodities, the president has claimed he will direct the military to initiate a four-hour bombardment of the country tonight, specifically targeting power facilities and bridges.

Earlier today, Trump controversially posted, "A whole civilization will die tonight. I don’t want that to happen, but it probably will" on his social media platform Truth Social.

> Live Blog: Stocks slide ahead of Trump Iran deadline

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