Trump delays Strait of Hormuz deadline until April 6, but it’s ‘white noise’ to Wall Street investors

U.S. stocks are falling Friday as Wall Street stumbles toward the finish of a fifth straight losing week, which would be its longest such streak in nearly four years.The S&P 500 sank 0.8% in early trading, deepening its losses after falling the day before to its worst drop since the war with Iran began. The Dow Jones Industrial Average was down 402 points, or 0.9%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1% lower.The losses are a break from Wall Street’s pattern this week, where the U.S. stock market flip-flopped from gains to losses each day as hopes rose and fell about a possible end to the war.Moments after the U.S. stock market finished its dismal Thursday of trading, President Donald Trump offered another potential signal for hope. He extended a self-imposed deadline to “obliterate” Iran’s power plants to April 6 if it doesn’t allow oil tankers to resume their exits from the Persian Gulf to the open ocean through the Strait of H