Stocks slide after Trump vows to continue Iran strikes

TL;DR

Stocks fell, with the S&P 500 down 0.4%, the Dow Jones Industrial Average down 0.1%, and the Nasdaq down 1%.
Oil prices surged, with Brent crude rising 8.1% to $109.35 and U.S. crude climbing 12.9% to $113.03.
President Trump vowed to continue U.S. strikes on Iran for two to three more weeks without offering a plan to reopen the Strait of Hormuz.
The Strait of Hormuz, crucial for global oil supply, remains effectively closed, potentially impacting economic stability.
Analysts suggest that corporate earnings are holding up, but uncertainty about the conflict's length could lead to market volatility.
U.S. gasoline prices are expected to continue rising if the strait remains closed.
Investors are concerned about the war dragging on but also fear missing out on a potential market rally.
Markets will be closed on Friday for the Good Friday holiday.

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