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The price of oil fell sharply on hopes that talks were progressing on reopening the Strait of Hormuz.
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The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
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S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopes ReutersS&P 500 hits record, Dow surges 900 points after Bessent says Hormuz deal is near: Live updates CNBCS&P 500, Dow hit record highs on strong AI-linked earnings and hopes for an Iran war deal NBC NewsStocks in Record Territory as Investors Shake Off Worries The New York Times
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Stock Market Today: Dow Leaps 800 Points; Palantir, SpaceX Earnings in Focus — Live Updates WSJIran war live: Tehran says talks with Oman on Hormuz advancing ‘positively' Al JazeeraTrump administration claims Hormuz deal is close as Iran denies negotiations washingtonpost.comMiddle East crisis live: Rubio hopes US can reac
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Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement' CNBCLive updates: Drafts of potential US-Iran agreement are ‘being circulated,' Qatar says CNNStock Market Today: Dow Leaps, Oil Slides After Bessent Says Iran Deal Could Be Close — Live Updates WSJQatar Signals Progress Toward Short-Term Deal Between US, Iran Bloomberg.com
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Stocks have shot higher over the past four trading sessions, and investors who are worried about missing out are piling into bullish options bets just to try to keep up.
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Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.
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Chipotle removes jalapeños amid US salmonella outbreak investigation The GuardianChipotle stock falls on potential link to salmonella outbreak in Minnesota CNBCChipotle pulls jalapeños as salmonella outbreak sickens over 100 USA TodayOfficials Probe Salmonella Cases Tied to Jalapeño Peppers Served at Chipotle WSJChipotle jalap
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McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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S&P 500 hits record high as Iranian and Omani negotiators agree on temporary shipping arrangement
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Hundreds of millions of SpaceX shares that have been off-limits since the IPO become tradable for the first time. That's not great news.
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But the country's relative isolation from AI may not last
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Companies are turning to Palantir for greater autonomy over their AI models and data, according to CEO Alex Karp.
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Don't chase a SpaceX stock rally even if earnings are excellent, as a wave of shares will become available for sale.
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