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Stocks Fall After Vance Postpones Iran Peace Talk Trip | Closing Bell

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April 21, 2026

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Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

A rebound in oil drove stocks lower as traders awaited confirmation that Iran will join the US in peace talks before a ceasefire expires, with the two sides still at odds on key issues.

Equities wiped out an advance that had earlier put the S&P 500 on pace for a record. The New York Times reported that Vice President JD Vance’s trip to Islamabad has been put on hold after Tehran failed to respond to US negotiating positions. Brent hovered near $98. Treasury yields rose alongside the dollar.

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Stocks Fall After Vance Postpones Iran Peace Talk Trip | Closing Bell · Bloomberg Podcasts · Sentinel