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U.S. stocks end mixed after late-day rebound as Trump’s Iran deadline looms

Joy Wiltermuth
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Stocks end mixed after late-day rebound as Trump’s Iran deadline loomsListen(4 min)Listen(4 min)U. Stocks closed mixed Tuesday as President Trump intensified his threats against Iran to reopen the Strait of Hormuz by this evening. The major indexes trimmed losses in late-afternoon trading after Pakistan’s prime minister urged a two-week extension to Trump’s self-imposed 8 p.m. Eastern time deadline for Tehran to reopen the crucial Middle East chokepoint for shipping and tanker traffic.
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U.S. stocks end mixed after late-day rebound as Trump’s Iran deadline loomsListen(4 min)Listen(4 min)U.S. stocks ended mixed Tuesday, while still holding on to gains for April, as investors weighed President Donald Trump’s intensified threats against Iran to reopen the Strait of Hormuz by this evening.The major indexes trimmed losses in late-afternoon trading after Pakistan’s prime minister urged a two-week extension to Trump’s self-imposed 8 p.m. Eastern time deadline for Tehran to reopen the crucial Middle East chokepoint for shipping and tanker traffic.

Pakistan Prime Minister Shehbaz Sharif also called on Iranian authorities to temporarily reopen the Strait of Hormuz to all traffic as a goodwill gesture.About the AuthorJoy Wiltermuth is a news editor and senior markets reporter based in New York.Frances Yue covers the cryptocurrency market for MarketWatch.A Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.

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