Geopolitical Tensions Sink Nasdaq -0.85%, Oil & Dollar Surge — Market Wrap April 13, 2026

7horns.ai Daily Briefing EN · Apr 13, 2026 · 3m

Markets opened Monday with a defensive tone as geopolitical tensions intensified, leading to broad declines among U.S. futures. The Nasdaq 100 futures led the downside, dropping 0.85%, followed by the Dow and S&P 500 futures, which fell 0.81% and 0.75% respectively. The breakdown of ceasefire talks with Iran pushed oil prices and the U.S. dollar higher, fueling inflation concerns and pressuring growth-sensitive sectors, especially tech stocks linked to artificial intelligence. Despite the overall market weakness, speculative names saw notable moves: Erayak Power surged 107.94%, Presidio…