Stock Market Today: Dow Drops As Trump Reinstates Hormuz Blockade; Oil Refiners Rise (Live Coverage)

The Dow Jones Industrial Average and other major stock indexes fell Monday, as President Donald Trump said the U.S. will restart a blockade of Iran in the Strait of Hormuz following fresh strikes between the countries. Memory-chip maker SK Hynix and Taiwan Semiconductor Manufacturing were among the tech stocks dropping on the stock market today. The Dow industrials fell 0.3% and the S&P 500 dropped 0.5%, led by the information technology sector.