World & BusinessU.S. and Iran reportedly explore phased path to reopen Hormuz
Kalshi Finance says stocks bounced off their lows on reports that the U.S. and Iran were exploring a phased reopening of the Strait of Hormuz.
TLDR
In a market recap shared September 25, Kalshi Finance linked a stock-market rebound from the day's lows to reports that the U.S. and Iran were exploring a phased path to reopen the Strait of Hormuz. The account said the S&P 500 finished flat, the Dow fell 0.3% and the Nasdaq was basically unchanged, with oil and Treasury yields keeping markets on edge.