(Bloomberg) -- Wall Street’s blistering run took a breather, with traders digesting the recent stock gains and monitoring any signs of progress toward a deal to revive the Strait of Hormuz.

(Bloomberg) -- Wall Street traders lifted stocks and bonds as the latest sign of easing Middle East tensions sank oil prices, allaying worries about inflation.

(Bloomberg) -- Stocks joined bonds higher as cooling tensions in the Middle East spurred a drop in oil prices, allaying worries about inflation.