US equity indices fell Tuesday; S&P 500 down 0.7% to 6,565.93, Nasdaq down 1.2% to 21,740.12, Dow down 0.4% to 46,478.96.
Trump gave Iran a deadline of 20:00 ET Tuesday to reopen Strait of Hormuz, threatening attacks on bridges and power plants.
Oil prices rose, Brent up 0.5% to $110.29/barrel and WTI up 3.1% to $115.83/barrel, reflecting supply concerns.
Broadcom announced a long‑term AI chip deal with Google through 2031; insurers Humana (+5%) and UnitedHealth (+8%) rose on higher Medicare rates.