Wall Street Closes at Records as the Strait of Hormuz Holds the Key: What’s Next?

The Dow Jones and S&P 500 both closed at record highs on Tuesday, driven by optimism over progress toward fully reopening the Strait of Hormuz. Crude fell roughly 5% amid diplomatic signals, easing inflationary pressure that had capped equities for months. The Diplomatic Signals Behind Wall Street’s Record Session The Strait of Hormuz is a