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Wall Street Extends April Surge As The Strait of Hormuz Reopens

By Bloomberg Markets and Finance April 17, 2026 Bullish
Wall Street Extends April Surge As The Strait of Hormuz Reopens
Speculation the Iran war is poised to end sent risky assets surging anew, extending a month-long rally that's lifted the S&P 500 Index to a succession of records, added around $12,000 to the price of Bitcoin and pushed up credit and gold. Olaolu Aganga, Citi Wealth Head of Portfolio Construction and Analytics joins Bloomberg Businessweek Daily to discuss.
Speculation the Iran war is poised to end sent risky assets surging anew, extending a month-long rally that's lifted the S&P 500 Index to a succession of records, added around $12,000 to the price of Bitcoin and pushed up credit and gold. Olaolu Aganga, Citi Wealth Head of Portfolio Construction and Analytics joins Bloomberg Businessweek Daily to discuss.