S&P 500 drops after Trump reimposes Strait of Hormuz blockade, SK Hynix leads chip stocks lower: Live updates - CNBC

By Sean Conlon, Hugh Leask, Lee Ying Shan, Fred Imbert | Published: Jul 13, 2026

Stocks fell on Monday after President Donald Trump announced he was reinstating what he called a blockade on Iranian shipping through the Strait of Hormuz. The S&P 500 lost 0.6%, while the Nasda… [+2712 chars]