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April 8, 2026

Stocks swing from losses to a tiny gain

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks swung sharply Tuesday as uncertainty about the war with Iran increased ahead of a looming deadline set by President Donald Trump to destroy Iranian power plants and bridges.

The S&P 500 fell as much as 1.2% after Trump threatened that a “whole civilization will die tonight, never to be brought back again” if Iran does not meet his deadline at 8 p.m. Eastern time to open the Strait of Hormuz. But stocks rallied at the end of trading after Pakistan's prime minister urged Trump to extend his deadline for another two weeks and asked Iran to open up the strait for two weeks.


 
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