Stocks fell as IT giants sold out, and oil rose as battles over the Strait of Hormuz prompted concerns about a disruption in energy supply,

Stocks fell as IT giants sold out, and oil rose as battles over the Strait of Hormuz prompted concerns about a disruption in energy supply, which might drive inflation. Trump reinstates the Iranian blockade. [10:16 ET] Trump: Reinstating the Iranian blockade. [Dollar & WTI Crude Strengthened, US Stock Indexes Weakened] [03:08 ET] Japan Chief Cabinet Secretary Kihara: GPIF to tweak its basic portfolio as needed. [JPY Strength]