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Stock Market Charges Higher As S&P Wipes Out 2026 Loss Amid Hormuz Blockade

VIDYA RAMAKRISHNAN
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⚡ Quantum Brief
U.S. stock indexes reversed early losses to close higher on April 13, 2026, after President Trump announced a Strait of Hormuz blockade following failed U.S.-Iran negotiations, triggering market volatility. The S&P 500 erased its 2026 year-to-date losses, extending gains from a March 31 rally attempt, marking Day 6 of a confirmed market uptrend despite geopolitical tensions. Taiwan Semiconductor, ASML, and Telecom Italia ADRs neared buy points ahead of earnings, highlighting investor focus on AI and semiconductor stocks amid U.S.-China tech competition. Trump’s upcoming May meeting with China’s Xi Jinping will address AI and Taiwan, signaling potential shifts in global tech supply chains and trade policies. Bloom Energy surged late in trading, reflecting energy sector volatility tied to Hormuz disruptions, while broader markets showed resilience amid geopolitical and economic uncertainty.
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REEAKING: Why Bloom Energy Is Soaring LateThe major stock indexes erased opening losses and finished Monday's trade with clear gains, building strength after a Day 6 follow-through day for the stock market's rally attempt that started on March 31. Stocks started the session mixed following President Donald Trump's imposition of a blockade on ships passing through the Strait of Hormuz after an unsuccessful weekend of U.S.-Iran… 4/13/2026 Three global leaders, Taiwan Semiconductor, ASML and ADRs of TIM near buy points ahead of earnings report in Monday's stock... 4/13/2026 Three global leaders, Taiwan Semiconductor, ASML and ADRs of TIM... AI and Taiwan will be on the agenda when President Donald Trump meets with Chinese leader Xi Jinping in Beijing in May. (© Chris Gash)Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!Get market updates, educational videos, webinars, and stock analysis.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our Terms of Use.*Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet.IBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC.©2026 Investor’s Business Daily, LLC.

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