Stock Market Today: Global Shares Fall Again as Trump’s Iran Delay Fails to Calm Oil, Nasdaq Correction Deepens
Global stocks fell Friday after President Trump delayed the Iran Strait of Hormuz deadline to April 6, failing to calm oil or bond markets. The STOXX 600 dropped 0.8%, while U.S. futures were flat. Brent crude rose to $109.88 a barrel, and the 10-year U.S. Treasury yield hit 4.456%, its highest since July. The Nasdaq is now nearly 11% below its October record, entering correction territory.