Home / Technology / Trading Day: Stocks rally, oil hits pre-Iran-war lows as Strait of Hormuz reopens for business

Trading Day: Stocks rally, oil hits pre-Iran-war lows as Strait of Hormuz reopens for business

A tech-powered rally boosted U.S. stocks on Thursday, while crude prices dropped as supertankers sailed through the reopened Strait of Hormuz hours after U.S. President Donald Trump signed a peace deal with Iran.

NEW YORK, June 18 (Reuters) – A tech-powered rally boosted U.S. stocks on Thursday, while crude prices dropped as supertankers sailed through the reopened Strait of Hormuz hours after U.S. President Donald Trump signed a peace deal with Iran.
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Source: Reuters | Published: 2026-06-18T21:02:16Z

Credit: Reuters

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