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Markets12h 34m ago

Wall Street stocks and bonds rose after an interim peace deal between the US and Iran took effect, leading to the reopening of the Strait of Hormuz and easing inflation concerns.

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Wall Street, Strait of Hormuz

Who
US, Iran, US Vice President JD Vance, President Donald Trump, Ian Lyngen (BMO Capital Markets), Federal Reserve Chairman Kevin Warsh, Fawad Razaqzada (Forex.com), Bank of England
What
Wall Street stocks and bonds rose after an interim peace deal between the US and Iran took effect, leading to the reopening of the Strait of Hormuz and easing inflation concerns.
When
Thu, 18 Jun 2026 22:02:07 GMT · 12h 34m ago
Where
Wall Street, Strait of Hormuz ·
Why
An interim peace deal between the US and Iran spurred optimism that the revival of traffic through the Strait of Hormuz would ease inflation risks by releasing oil supply and lowering energy costs.
The Frontline Impact

How this affects you

The S&P 500 rose 1.1%, chipmakers rallied 6.4%, Treasury yields fell, and US oil edged lower, indicating a positive market reaction to reduced inflation fears, potentially influencing future Federal Reserve and Bank of England monetary policy decisions.

Story chain

7 events in this thread

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