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Informist, Tuesday, Apr. 7, 2026                                      Tel +91 (22) 6985-4000

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Equity Alert: Wall Street indices close with gains Mon amid West Asia tensions

 

MUMBAI--0747 IST--Indices on Wall Street managed to hold on to gains Monday even as there were little signs of an end to the US-Iran war. US President Donald Trump reiterated his threats against Iran if it failed to reopen the Strait of Hormuz.

 

"We have to have a deal that's acceptable to me, and part of that deal is going to be we want free traffic of oil and everything," Trump said. "The entire country can be taken out in one night – and that night might be tomorrow night," he threatened on Monday. Brent crude oil futures ticked up slightly to $111 per barrel again on Tuesday, and the e-Mini Dow Futures were slightly down.

 

On Monday, major indices in the US ended 0.4-0.5% higher. Shares of Tesla, Nvidia, Micron Technology were among some of the most actively traded stocks on the Nasdaq. Shares of Tesla fell over 2% Monday.

 

Meanwhile, the US Services Purchasing Managers' Index for March came down to 54.0 from 56.1 in February. Input prices paid by businesses increased by the highest level in more than 13 years. Services employment dropped to the lowest level since the end of 2023.

 

Following are the closing levels of US indices Monday:

 

Index	Level	Change in %
S&P 500	6611.83	0.44
NASDAQ Composite	21996.337	0.54
Dow Jones Industrial Average	46669.88	0.36

 

(Ruchira Kagita)

 

US$1 = INR 93.06

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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