Wall Street recorded strong variability at Thursday's meeting, with shares and oil constantly changing direction, as investors were trying to decode conflicting messages about the prospect of an agreement between the US and Iran to end the war and restore energy flows through the critical Straits of Hormuz. Finally [...]
Dynamic rally and new historically high recorded key markers on Wall Street on Friday, as Iran's announcement that the Straits of Hormuz are «fully open» for commercial navigation, combined with the truce between Israel and Lebanon, drastically strengthened the investment climate with indicators closing in green for a third [...]
Wall Street scored an explosive rally after the US-Iran truce announcement. Dow Jones was launched 2.79% at 47,882,62 units, S&P 500 won 2.34% and Nasdaq was strengthened 2.76%. Trump told Truth Social that he agreed to suspend the bombings for two weeks, while Iran agreed to open the Strait of Hormuz. Oil prices collapsed over 16%, with energy shares retreating, while Nvidia, Amazon and Tesla made profits over 2–3%.
