<div id="readability-page-1" class="page">03:56 PM EDT, 04/23/2026 (MT Newswires) -- US equity indexes traded lower ahead of Thursday's close, as technology and consumer discretionary stocks weighed amid a continuing standoff over the reopening of the Strait of Hormuz.The Nasdaq Composite fell 1% to 24,423.1, with the Dow Jones Industrial Average down 0.4% to 49,299.9, and the S&amp;P 500 lower by 0.4% to 7,107.2.Shares of International Business Machines ( IBM ) slid 8.1%, among the steepest decliners on the Dow, following Q1 results. Software growth decelerated to 8% in constant currency from 11% in Q4 and 9% in Q3, a &#34;potential red flag for the bears,&#34; CFRA said in a note.Tesla (TSLA) dropped 3.5% after the electric vehicle manufacturer issued higher-than-expected 2026 capital expenditure guidance. TechCrunch reported the electric vehicle manufacturer is planning to spend $25 billion this year, compared with $8.5 billion in 2025.Texas Instruments ( TXN ) soared 18%, among the biggest outperformers on the S&amp;P 500 and the Nasdaq, after the company posted higher Q1 earnings and revenue and set out Q2 guidance above consensus.President Donald Trump has ordered the US Navy to &#34;shoot and kill&#34; any boat that is laying mines in Hormuz, according to his Truth Social post on Thursday. On the same day, Iran flaunted its tightened grip over Hormuz with a video of commandos storming a cargo ship named MSC Francesca, Reuters reported.The United States and Iran remain at an impasse, with Tehran refusing to negotiate a peace deal as long as the US Navy continues to blockade its ports and Washington refuses to lift the siege.West Texas Intermediate crude oil futures jumped 3.6% to $96.51, and Brent crude futures advanced 3.7% to $105.58. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

.IXIC

.NDX

US equity indexes fell as technology and consumer discretionary stocks declined, with the Nasdaq down 1%, Dow Jones down 0.4%, and S&P 500 down 0.4%. IBM shares dropped 8.1% after disappointing Q1 results, while Tesla fell 3.5% due to increased capital expenditure guidance. Texas Instruments surged 18% after strong earnings. Tensions in the Strait of Hormuz continue, with President Trump ordering the US Navy to take aggressive action against mine-laying boats, as Iran showcases military strength. Crude oil prices rose significantly amid the ongoing geopolitical tensions.

- US equity indexes declined as technology and consumer discretionary stocks weighed down the market amid tensions over the Strait of Hormuz.  
- The Nasdaq Composite fell 1%, while IBM shares dropped 8.1% following disappointing Q1 results, and Tesla's stock dropped 3.5% due to increased capital expenditure guidance.  
- Crude oil prices surged, with West Texas Intermediate rising 3.6% to $96.51, highlighting the impact of geopolitical tensions on energy markets.

fidelity

BP p.l.c.

NASDAQ Composite Index

NASDAQ-100

Occidental Petroleum

Nasdaq

HSPC

Proshares Ultrashort Dow30 ETF

ProShares Shrt QQQ

ISHRS S&P Glb Engy

iShares Core S&P 500 UCITS ETF

VG Growth

iShares Core S&P 500 ETF USD Acc

AXS TSLA Bear Daily ETF

Pro Ultrshrt Crude Oil

XL2CSOPTSLA

First Trust Index NextG ETF

Proshares UltraPro Short QQQ ETF

iShares US Oil Equip & Svcs

Guotai CSI Computer Theme ETF

SPDR O&G Ex & Prd

iShares Dow Jones US

Global X Data Center & Dgtl Infrs ETF

United States Oil Fund LP

VG Mga Cap 300 Grw

Pro UltrPro Dow30

Ark Innovation ETF

Us Brent Oil

iShares NASDAQ 100 UCITS ETF USD

Global X Cloud Computing ETF

ChinaAMC Guozheng Semiconductor Chip ETF

ISHRS S&P Glb It

GraniteShares 2x Long TSLA Daily ETF

iShares US Digital Infrastructure and Real Estate ETF

iShares Semiconductor ETF

Global X Robotics & Artificial

FI2CSOPNASDAQ

T-Rex 2X Long Tesla Daily Target ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Schw Us L-Cp Grw

Ps S&P Low Vol

GraniteShares 2x Short TSLA Daily ETF

Simplify Volt TSLA Revolution ETF

WisdomTree WTI Crude Oil

Invesco S&P 500 Eq Wgt ETF

Franklin Exponential Data ETF

Guotai CSI All Share Integrated Circuit ETF

First Trust Nasdaq Food & Semicon

VG Energy

SPDR O&G Equip

Pacer Cash COWZ 100-Nasdaq100RotatorETF

Pro Ultrshort Qqq

Bosera S&P 500 ETF

iShares Core S&P 500 UCITS ETF USD (Dist)

SPDR S&P Semicon

F GX OIL

Global X Internet

Fidelity Nasdaq Composite Index ETF

Global X E-commerce ETF

Financial Select Sector SPDR Fund

Global X U.S. Natural Gas ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

VanEck Vectors Semiconductor UCITS ETF Accum A USD

Guotai CSI Semiconductor Material Equipment Theme ETF

ProShares Ultra QQQ

VanEck Oil Services ETF

First Trust NASDAQ-100 Equal Weighted

Invesco QQQ Trust

Dow Jones Industrial Average

S&P 500

Tesla

Texas Instruments

US Equity Indexes Fall as Growth Sectors Undermine Sentiment, Hormuz Standstill Continues