Finance

Stocks Fall on Report Trump Rejects Iran Proposal: Markets Wrap

A renewed rally in oil drove stocks and bonds lower on concern that a prolonged closure of the Strait of Hormuz will fuel inflation and weaken the global economy.

B
Bloomberg
April 28, 2026·1 min read
Stocks Fall on Report Trump Rejects Iran Proposal: Markets Wrap

Image: Bloomberg

A renewed rally in oil drove stocks and bonds lower on concern that a prolonged closure of the Strait of Hormuz will fuel inflation and weaken the global economy.

Original article

Stocks Fall on Report Trump Rejects Iran Proposal: Markets Wrap

Published by Bloomberg

Read full article