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S&P 500 drops after Trump reimposes Strait of Hormuz blockade, SK Hynix leads chip stocks lower: Live updates - CNBC

S&P 500 drops after Trump reimposes Strait of Hormuz blockade, SK Hynix leads chip stocks lower: Live updates - CNBC

Semiconductor names were under pressure ahead of the market open.

Stocks fell on Monday after President Donald Trump announced he was reinstating what he called a blockade on Iranian shipping through the Strait of Hormuz. The S&P 500 lost 0.6%, while the Nasda… [+2712 chars]

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