As of midday Friday, the main U.S. stock market average posted its third consecutive week of gains, the best 3-week performance since April 2020.

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record. The S&P 500 leaped 1.2% Friday after

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.

The U.S. stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move. The S&P 500 rose 0.3%, a day after topping its prior all-time high set in January,

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Hormuz is open again for commercial tankers carrying crude from the Persian Gulf to customers worldwide.

Oil prices dropped more than 10% Friday, and U.S. stocks raced toward another record after Iran said the Strait of Hormuz is open again for commercial tankers carrying oil from the Persian Gulf to customers worldwide.

The U.S. stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move.