Wall Street falls as Middle East concerns offset earnings optimism
By Chuck Mikolajczak and Niket
Nishant
Tue April 21, 2026
Wall Street optimism dominated the opening with all three indexes well into gains, the Dow up some 400 by 10 a.m. Up until now, war news has been shrugged off in favor of solid Q1 earnings but today that flipped. Despite another round of solid Q1, focus today went to the war with the markets declining after 10 a.m. and for the rest of the session to close with substantial 3-digit losses. Some of this was triggered by the news of Vance not going to Pakistan after all.