Stocks Have Even More Room to Fly if Hormuz Reopens

Oil prices fell, bonds rallied and the Dow industrials closed at a record after President Trump announced a deal to end the war with Iran.

Trump Says Strait of Hormuz Will Be Fully Open by Friday Under Iran Deal

The text of the deal will be released in the coming days, officials said, as questions about it are set to dominate a G-7 meeting in France.

U.S. Industrial Production Edged Up in May