Marketsbrief
S&P Falls 1.5% to 2026 Low as Brent Clears $100 on Khamenei's Hormuz Declaration
All four major averages hit calendar-year lows Thursday as WTI surged 9.7% and private credit stress added a second front of selling.
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All four major averages hit calendar-year lows Thursday as WTI surged 9.7% and private credit stress added a second front of selling.
Brent crude briefly crossed $100 after Mojtaba Khamenei broke silence to demand the strait stay closed; IEA's 400M-barrel reserve release hasn't moved prices, the US Navy isn't ready to escort tankers, and equity futures are down 0.4–0.9% with private credit stress adding a second front.