US stocks closed lower as investor concerns over Iran's Strait of Hormuz stance weighed on markets; tech stocks fell, while alternative asset managers rose on A

Crime News • 2026-08-12 00:55 UTC • By Billy Odell Tucker-Robinson

US stocks closed lower as investor concerns over Iran's Strait of Hormuz stance weighed on markets; tech stocks fell, while alternative asset managers rose on AI-related partnerships [▻](https://video.twimg.com/amplify_video/2087316359944482816/vid/avc1/1920x1080/UK9Y-JeX…

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