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US Market News Digest for June 2, 2026
Strait of Hormuz de-escalation: markets price
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Strait of Hormuz de-escalation: markets price in diplomatic breakthroughGlobal financial markets are displaying cautious optimism amid signals of a possible diplomatic settlement of the Strait of Hormuz crisis. Investors are focused on a draft memorandum intended to enshrine guarantees for safe navigation and materially reduce geopolitical tension in one of the world's key transit arteries. Markets have already begun to respond to this news by gradually trimming the risk premium traditionally priced into energy assets. A potential signing would open the
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