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Tech Stocks Are Getting Hit Hard

Apr 07, 2026 14:28 UTC

Risk assets were getting clobbered ahead of President Donald Trump’s 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz. The Nasdaq Composite tumbled 1.3%.

  • Risk assets were getting clobbered ahead of President Donald Trump’s 8 p
  • m
  • ET deadline for Iran to reopen the Strait of Hormuz

Risk assets were getting clobbered ahead of President Donald Trump’s 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz. The Nasdaq Composite tumbled 1.3%. The Dow was down nearly 400 points, or 0.8%.

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