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Oil Surges on Iran Threats, Cannabis Stocks Soar, S&P 500 Rallies
22 Apr 2026, 16:00 - 20:00 (UTC)
1. Crude oil prices surged over 3% amid rising geopolitical tensions, with Iran threatening a closure of the Strait of Hormuz.
2. Cannabis company stocks jumped sharply, with a related ETF up 20%, following reports that the US is set to reclassify marijuana.
3. The U.S. stock market extended its gains, with the S&P 500 index closing up 1.00% overall.
#TradingNews #MarketUpdate #OilPrices #Geopolitics #CannabisStocks #Investing #SP500 #GlobalEconomy #Finance #StockMarket
2. Cannabis company stocks jumped sharply, with a related ETF up 20%, following reports that the US is set to reclassify marijuana.
3. The U.S. stock market extended its gains, with the S&P 500 index closing up 1.00% overall.
#TradingNews #MarketUpdate #OilPrices #Geopolitics #CannabisStocks #Investing #SP500 #GlobalEconomy #Finance #StockMarket