Stocks Hit Records on Iran Truce Hopes. Why the Rally May Have Further to Run.
Barrons
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U.S. stocks rallied to fresh highs as hopes for a U.S.-Iran truce pushed oil prices lower and boosted investor sentiment.
Markets rally on peace prospects
- Oil, gas plunge on hope for end of war in Gulf Times Of India —
- Oil markets immediately drop after Trump and Iran say Hormuz is open Scripps News —
- Stocks soar and oil prices plunge as Iran says Strait of Hormuz is open CBS News —
- Wall Street indexes rally as oil falls with Strait of Hormuz opening Reuters —
- Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open The Straits Times —