Stocks surge and oil prices plummet after Strait of Hormuz opens

Oil prices plummeted and stocks surged after Iran announced the Strait of Hormuz will reopen for commercial ships for the remainder of the ceasefire. NBC News’ Allie Canal reports on how Wall Street is reacting.

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About this article

Trending is a term used to describe the current topics of conversation and discussion on social media. This information is typically gathered by using various news-related hashtags. In some cases, this information is then compiled into a list and displayed on the homepage of a social media platform.
Breaking news is a television or radio broadcast that interrupts non-news programming and, in some cases, regularly scheduled newscasts, to cover a developing story of national significance. The interrupting newscast often begins with a countdown sequence to allow network affiliates time to join the breaking news feed, and then opens with a special graphic and distinctive music cue. In the past, breaking news was usually covered through cut-ins or alert crawls during regular programming.

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