Dow Jones Top Markets Headlines at 1 PM ET: Iran War's Economic Shock Wave Is Expected to Get Even Bigger | Trump's ...

Iran War's Economic Shock Wave Is Expected to Get Even Bigger

The depth of the economic impact will depend on how long the disruption of the Strait of Hormuz continues. The bad news: Traffic in the waterway is unlikely to return to prewar levels soon.

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Trump's blockade of Iran ports takes effect. Stocks are shrugging off escalation concerns.

The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports, with the escalation pushing oil prices higher but not rattling U.S. stocks that much.

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Crucial Home Selling Season Off to a Sour Start

Sales of existing homes fell 3.6% in March to a nine-month low, amid rising mortgage rates and economic uncertainty.

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OPEC Crude Output Drops as Iran War Chokes Exports

OPEC's crude oil production plunged in March as the near-closure of the Strait of Hormuz forced key members to curb output and divert exports to alternative routes.

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Aluminum Prices Rise to Four-Year High on Hormuz Blockade Fears, Failed Iran Talks

About one-fifth of U.S. aluminum imports come from the Gulf and the Middle East accounts for about 9% of global aluminum output.

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The Economy Is Growing, Jobs Aren't. Why That Might Be OK.

An unusual divergence between GDP and new jobs shows worker productivity is making up for a slowdown in immigration and the labor force. Artificial intelligence could help.

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Oil Climbs Above $100 a Barrel Ahead of U.S. Blockade of Iranian Traffic Via Hormuz

Trump vowed to block all vessels passing through the Strait after weekend talks with Iran broke down, causing oil and natural gas prices to climb sharply.

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The Market's Next Test Is Already Here

After weeks of scouring headlines and watching tanker traffic, investors are eager to get back to the fundamentals of corporate earnings.

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Why elevated U.S. tariffs could stick around for years - even after Trump leaves office

A substantial majority of American business leaders are planning for U.S. tariffs to stay elevated for years - and that's a reasonable expectation, according to trade specialists at PwC.

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Congress Is Returning. Its To-Do List Is Growing.

Legislators will have to address mounting fiscal and war-related issues.

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We Asked a Panel of Economists to Forecast the War's Impact

Few think the conflict will derail a resilient economy, but inflation, growth and jobs are all expected to take a hit.

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Former U.S. Trade Chief on State of Tariffs, Refunds, and USMCA Renewal

Former U.S. Trade Representative Katherine Tai stresses renewing the USMCA by July 1, warning against complex bilateral trade deals.

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Home Sales Are Sluggish. Buy These 2 Builder Stocks Anyway.

Home resales in March fell 3.6% to a 3.98 million annual rate, missing expectations, while limited inventory pushed prices to a record for the month.


(END) Dow Jones Newswires

April 13, 2026 13:15 ET (17:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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