Saturday 18/April/2026 – 12:57 AM
She finished US stocks Yesterday’s trading session, Friday, rose strongly, supported by the decline in oil prices and Iran’s announcement of the opening of the Strait of Hormuz, which strengthened investors’ optimism about calming geopolitical tensions.
US stocks record record gains, supported by the decline in oil and the opening of the Strait of Hormuz
The S&P 500 and Nasdaq hit record closing levels for the third day in a row, while the Dow Jones Industrial Average rose to its highest levels since late February.
This positive performance came in light of the statements of Iranian Foreign Minister Abbas Araqchi, who confirmed that the Strait of Hormuz is completely open to commercial ships during the ten-day truce period, coinciding with indications of a possible rapprochement between Tehran and Washington.
In the same context, US President Donald Trump indicated the possibility of holding talks soon with Iran, with increasing expectations of reaching an agreement to end the war, which reflected positively on market sentiment.
With US crude oil prices declining by more than 11%, inflation concerns declined, which supported investors’ risk appetite and pushed stocks towards further gains.
The Strait of Hormuz is one of the most vital corridors for global energy transport, which makes any developments in it have a direct impact on the markets. In this context, Bob Dole, CEO of Crossmark, pointed out that the decline in oil prices reduces the possibility of a slowdown in the global economy as a possible final agreement approaches.
