The stock market experienced a broad selloff on Monday, July 13, 2026, with all major indices closing in the red. The S&P 500 fell 60.05 points (-0.79%), the Nasdaq Composite dropped 408.43 points (-1.55%), and the Dow Jones Industrial Average declined 138.37 points (-0.26%). The selloff was driven by a resurgence in geopolitical tensions, as former President Donald Trump announced the reimposition of a blockade on the Strait of Hormuz, escalating tensions with Iran. This move led to a sharp decline in energy stocks, with oil prices surging as investors anticipated potential disruptions to global oil supply. The tech sector, particularly chip stocks, also faced significant pressure, with SK Hynix leading the decline. The Nasdaq, heavily weighted towards tech companies, bore the brunt of the selloff, while the Dow, which includes energy and industrial stocks, also declined but to a lesser extent. The mixed performance of the indices suggested a broad-based selloff, with no clear sector leading the market higher.

The headlines highlighted the impact of the geopolitical developments on the stock market, with several articles emphasizing the selloff in tech stocks and the rise in oil prices. The reimposition of the Strait of Hormuz blockade was cited as a key driver of the market's decline, with analysts noting the potential for further escalation in tensions between the US and Iran. The selloff in chip stocks, including SK Hynix, was attributed to concerns over supply chain disruptions and the broader economic slowdown. Additionally, the headlines