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Wall Street sinks as ceasefire hopes diminish; U.S. hits military targets on Kharg Island

Apr 07, 2026 15:14 UTC

Wall Street sinks as ceasefire hopes diminish; U.S. hits military targets on Kharg Island.

  • LeoPatrizi/iStock via Getty Images Wall Street's major averages were in the red on Tuesday as reports surfaced that the U
  • S
  • has attacked military targets on Kharg Island, while President Donald Trump threatened Iran's “imminent destruction” if the country does not agree to a ceasefire

LeoPatrizi/iStock via Getty Images Wall Street's major averages were in the red on Tuesday as reports surfaced that the U.S. has attacked military targets on Kharg Island, while President Donald Trump threatened Iran's “imminent destruction” if the country does not agree to a ceasefire.

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