April 2026
Dow closes up more than 1,300 points after US-Iran ceasefire
Stocks closed significantly higher on Wednesday, just hours after the U.S. and Iran announced a two-week ceasefire. The Dow Jones Industrial average surged 1,325 points, or 2.8%, while the S&P 500 climbed 2.5%. The tech-heavy Nasdaq jumped 2.8%. As part of the accord, Iran says it will allow tankers passage through the Strait of Hormuz, […]
1 min read
Strait of Hormuz still seeing significantly lower traffic despite Iran war ceasefire
Only about a dozen ships passed through the Strait of Hormuz in the first two days of the ceasefire agreement between the United States and Iran, far below the normal traffic level before the war, marine transit data shows. As part of the agreement, which President Trump announced late Tuesday, Iran would allow vessels to […]
2 mins read