<div id="readability-page-1"><p>U.S. stock futures fell on Sunday night after Donald Trump announced a blockade of the Strait of Hormuz, following failed weekend peace talks between the U.S. and Iran that raised concerns about a longer conflict. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&amp;P 500 (SPX) were down 0.99%, 0.91%, and 0.88%, respectively, at 9:00 p.m. EDT on April 12.</p><h3>Claim 30% Off TipRanks</h3>Forget margin or options. Here's how the pros trade QQQ <p>In a post on Truth Social, Trump said the U.S. Navy would begin blocking ships entering or leaving the Strait of Hormuz. He added that other countries would join the effort and accused Iran of using the route for &#34;illegal extortion.&#34;</p> <p>The collapse of talks in Islamabad has increased fears that tensions between the U.S. and Iran could drag on. This has already pushed oil prices sharply higher, adding pressure on the global economy. The international oil benchmark Brent <strong>(CM:BZ)</strong> rose 8.01% to $102.83 per barrel, while West Texas Intermediate (WTI) crude <strong>(CM:CL)</strong> gained 8.3% to $104.57 per barrel.</p> <p>Wall Street had just wrapped up a strong week, as optimism around a temporary ceasefire lifted markets and helped all three major indexes post solid gains, with the S&amp;P 500 up 3.6%, the Nasdaq rising about 4.7%, and the Dow gaining 3%.</p> <p>Now, investor focus is also turning to earnings. The first-quarter reporting season begins this week, led by major banks. Goldman Sachs (GS) is set to report on Monday, followed by Citigroup (C), Wells Fargo (WFC), JPMorgan Chase (JPM), Morgan Stanley (MS), and Bank of America (BAC) later in the week.</p></div>

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<p>U.S. stock futures fell on April 12, 2026, after Donald Trump announced a blockade of the Strait of Hormuz, escalating tensions with Iran. Futures for the Nasdaq 100, Dow Jones, and S&P 500 dropped by 0.99%, 0.91%, and 0.88%, respectively. The blockade announcement followed failed peace talks, raising concerns about prolonged conflict and pushing oil prices higher, with Brent crude rising 8.01% to $102.83 per barrel. Investor attention is shifting to the upcoming earnings reports from major banks, starting with Goldman Sachs on Monday.</p>

- U.S. stock futures declined after Donald Trump announced a blockade of the Strait of Hormuz amid failed U.S.-Iran peace talks, raising conflict concerns.  
- Futures for the Nasdaq 100, Dow Jones Industrial Average, and S&P 500 were down 0.99%, 0.91%, and 0.88%, respectively, as oil prices surged due to the escalating tensions.  
- The S&P 500 had recently gained 3.6% for the week, with investor attention now shifting to the upcoming earnings reports from major banks starting this week.

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Why Are Stock Market Futures Tumbling Today, 4/12/26?