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Stocks Soar, Oil Sinks After Iran Declares the Strait of Hormuz Open

10 min•17 april 2026

P.M. Edition for April 17. After Iran’s declaration, President Trump said the U.S. naval blockade on Iranian ports would remain in place. Senior video and national security correspondent Shelby Holliday said confusion reigns for shippers in the region. Plus, U.S. stocks extended their rally, with fresh highs for the Nasdaq and S&P. What’s News in Markets host Imani Moise tells us why. And, WSJ reporter Kris Maher discusses how the clash between President Trump and Pope Leo has divided America’s Catholics. Pierre Bienaimé hosts.


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