strikeMay 26, 2026

Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct 'self-defense strikes' on Iranian missile sites and boats laying mines | Fortune

Summary

Stock futures jumped while oil prices and bond yields tumbled Monday evening on reports that a deal to reopen the Strait of Hormuz was coming together, even as the U.S. military conducted new airstrikes on Iran. Futures tied to the Dow Jones industrial average surged 297 points, or 0.58%.

Source: Jason Ma — Read the full report

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Sources

Jason MaBy Jason Ma
Stock futures jumped while oil prices and bond yields tumbled Monday evening on reports that a deal to reopen the Strait of Hormuz was coming together, even as the U.S. military conducted new airstrikes on Iran. Futures tied to the Dow Jones industrial average surged 297 points, …

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