Ceasefire Effect Takes Hold: Strait of Hormuz Reopens; U.S. Stock Futures Rally

The global shipping "chokepoint" has officially reopened. Driven by the 10-day ceasefire agreement between Lebanon and Israel, Iran has lifted restrictions on commercial traffic through the Strait of Hormuz. This move has rapidly dampened the market's risk premium, fueling optimism in U.S. equities, putting pressure on the energy sector, and triggering a rebound across a broad range of risk assets. Donald Trump’s positive stance on the negotiation outlook has made the "end-of-April agreement" timeline appear increasingly credible to the market. The upcoming negotiations this Monday (April 20) will serve as a key test for the viability of this peace process. Given the dual benefits of falling energy costs and easing geopolitical tensions, do you believe the momentum behind this U.S. stock market rally can be sustained? Will you be adjusting your current portfolio allocation between the energy and technology sectors? Stay in tune with global market trends. Trade U.S. stocks via Bitget to build your diversified hedge and growth portfolio: https://www.bitget.com/promotion/futures-rwa