S&P 500 futures sink 0.61% to 7,083 as Iran Strait of Hormuz tensions escalate — April 20, 2026

U.S. equity futures declined sharply on Monday, April 20, 2026, with S&P 500 futures falling 0.61% to 7,083 as renewed Iranian disruptions in the Strait of Hormuz rattled risk appetite ahead of the New York open. Dow Jones futures dropped nearly 1%, while Nasdaq 100 futures shed 0.6%, with crude oil holding above $89.81 per barrel. No major U.S. economic data was scheduled for release Monday, leaving geopolitical developments as the sole market catalyst.