Wall Street indexes rally after Iran says Strait of Hormuz ‘completely open’ – Fri, 17 Apr 2026 PST

The benchmark S&P 500 and the tech-heavy Nasdaq traded at record highs on Friday, while the blue-chip Dow hit its highest level in over two months, as investors cheered Iran’s decision to open the Strait of Hormuz and were optimistic it could reach an agreement with the United States.