Live Update 
From the Liveblog of
Friday, April 17, 2026
From the Liveblog of
Friday, April 17, 2026
US stocks open higher as oil prices tumble
Add ToI as a Preferred Source on GoogleWall Street stocks rose early Friday, joining European markets in rallying after Iran’s reopening of the Strait of Hormuz sent oil prices plunging.
Iran Foreign Minister Abbas Araghchi said the Strait of Hormuz will remain “completely open” as long as a ceasefire in the Middle East lasts, addressing a supply disruption that had pushed oil prices above $100 a barrel and sparked recession worries.
About 10 minutes into trading, the broad-based S&P 500 was up 0.8 percent at 7,098.05.
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