Stocks rose to start the holiday-shortened week as investors welcomed easing oil prices but remained watchful of a clash in the Strait of Hormuz.
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Stocks rose to start the holiday-shortened week as investors welcomed easing oil prices but remained watchful of a clash in the Strait of Hormuz.
Stock futures rose to start the holiday-shortened week as investors welcomed easing oil prices but remained watchful of a clash in the Strait of Hormuz.
Wall Street futures were advancing before the market open Tuesday, with investors maintaining optimi
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Stocks looked set to jump on Tuesday as investors bet that the U.S. and Iran were closing in on a peace deal to end the war in the Middle East. President Donald Trump wrote in a post on Truth Social on Monday that talks with Tehran were “proceeding nicely,” although he added that he was prepared to order more strikes against Iran. Later on Monday, the U.S. sank two Islamic Revolutionary Guard Corps ships attempting to lay mines in the Strait of Hormuz in what military officials described as defensive strikes, but investors weren’t too rattled by the flare-up in tensions.
U.S. President Donald Trump said in a post on Truth Social on Monday that negotiations with Iran are proceeding nicely, even as the military conducted “self-defense strikes” on southern Iran.
“U.S. forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces."
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The New York Stock Exchange, Nasdaq and bond markets all close for certain holidays throughout the year. See schedule.
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