LIVEMarkets rolling coverageStarted: April 16, 2026, 12:00 AM EDTUpdated: April 16, 2026, 11:56 PM EDT Stocks Pull Back as Investors Await US-Iran Ceasefire Extension News April 16, 2026, 11:56 PM EDT. Stock markets declined Friday as investors awaited updates on a potential extension of the US-Iran ceasefire, halting a record-breaking week of gains. US President Donald Trump expressed optimism about nearing a deal with Iran, including nuclear disarmament and reopening the Strait of Hormuz, a critical oil transit route. However, Iran has not confirmed any agreement. Defense Secretary Pete Hegseth warned of military action if talks fail. Asian markets including