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Trump says Iran to scrap nuclear program; stocks hit record highs

By Invezz April 17, 2026 Bullish
Trump says Iran to scrap nuclear program; stocks hit record highs
US markets rallied sharply on Friday after Iran declared the Strait of Hormuz fully open and US President Donald Trump signaled progress toward a broader agreement to end hostilities in the region. Trump signals progress on Iran deal Trump said Iran had agreed to suspend its nuclear program indefinitely, while also confirming that Tehran would not receive any frozen US funds.
US markets rallied sharply on Friday after Iran declared the Strait of Hormuz fully open and US President Donald Trump signaled progress toward a broader agreement to end hostilities in the region. Trump signals progress on Iran deal Trump said Iran had agreed to suspend its nuclear program indefinitely, while also confirming that Tehran would not receive any frozen US funds.