Global Stocks Rally As Oil Sinks 7% On Iran Deal Hopes: Stock Market Today

May 25, 2026
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U.S. equity markets are dark Monday for Memorial Day, but global risk assets are roaring.

S&P 500 futures moved sharply higher, European bourses rallied to 4-month peaks and crude plummeted as Washington and Tehran inch toward a deal that could reopen the Strait of Hormuz.

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