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S&P 500 Pares Its Decline on Hormuz Deal Hopes: Markets Wrap

Bloomberg Markets·September 23, 2026·1 min read

Hopes for an agreement to revive energy flows through the Strait of Hormuz spurred a rebound in stocks from session lows, tempering worries about the impacts of still-elevated oil prices on inflation. The S&P 500 pared its decline as investors weighed the potential for a diplomatic resolution.

Read at Bloomberg Markets
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