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Stocks at record highs and oil dives as Iran reopens Hormuz – Newsquawk US Market Wrap

April 18, 2026
Source: zerohedge.com zerohedge.com
News Snapshot:
SNAPSHOT: Equities up, Treasuries up, Crude down, Dollar flat, Gold upREAR VIEW: Iranian Foreign Minister says passage for all commercial vehicles via Hormuz is "completely open"; US reportedly considers $20B cash-for-uranium deal with Iran; Trump says US military blockade of Iran remains in effect; Iran says continuation of US blockade is violation of ceasefire; Fed's Waller could call for holding rates steady, Daly says rates are slightly restrictive; Shipping names express caution over mines in Hormuz; META to lay off more than 10% of workforce in 2026; NFLX guidance underwhelmsCOMING UP: Data: Chinese LPR (Apr), German PPI (Mar), Canadian Inflation (Mar), New...
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