Stocks Pare Losses as Oil Eases on Hormuz Hopes: Markets Wrap

Volatility eased across asset classes as oil’s early surge petered out, with stocks and bonds bouncing from session lows after escalate-conflict.html" class="story-link" title="Israel and Iran attack gas facilities, in a major escalation that rattles market">Israel said it’s helping the US open the vital Strait of Hormuz.

• Asian Stocks to Steady as US Shares Pare Drop: Markets Wrap
  Bloomberg
• Stocks Pare Losses as Oil Eases on Hormuz Hopes: Markets Wrap
  Bloomberg
• Stocks Pare Losses as Oil Falls on Hormuz Hopes: Markets Wrap
  Bloomberg

• Oil Falls on Hormuz Hopes | Closing Bell 36.0%
• Oil prices turn lower after Brent briefly touches $119 as Netanyahu says Israel helping to open Strait of Hormuz 31.0%
• Japan, Europeans signal ‘readiness to contribute’ to efforts to keep Strait of Hormuz open 47.0%
• MLB strikes deals with Polymarket, federal watchdog as prediction markets boom 85.0%
• Joint statement from the leaders of the United Kingdom, France, Germany, Italy, the Netherlands and Japan on the Strait of Hormuz 26.0%