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Closing brief🔒 Market Pulse

SAAM Daily Closing Brief — April 07, 2026

Mitesh Patel · Apr 7, 2026 · 3 min read

A choppy, low-volume session spent waiting on the clock. Iran headlines drove the tape ahead of President Trump's 8:00 p.m. ET deadline for Tehran to reopen the Strait of Hormuz.

Closing Snapshot

  • S&P 500 (SPX): ~6,593, -0.29%

  • Nasdaq 100 (NDX): approximately -0.45%

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