Market Close: Stocks Lower, Oil Higher on Iran; Earnings Season Starts • 7/13/26

I'm Jessica Edinger. CNBC stocks were lower Monday as oil prices surged. Investors are watching oil amid new US Iran tension.President Trump reinstating a blockade in the straight of Hormuz. And he says a 20% toll on cargo that wants to move through. The Dow was down 138 points led lower by shares of Nvidia which were down three and a half%.The S&P 500 index down 60 points 8/10en of a percent. The Nasdaq falling 48 points 1 and a half%. Chip makers struggled on Monday.Intel down 6%, Micron, AMD, and Broadco ...