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Trump Plans Hormuz Charge, Stocks Steady Before Warsh & CPI | The Opening Trade 7/14/2026

President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped through the waterway. US stocks steadied as traders refrained from making big bets ahead of a jam-packed day that will see the unofficial start of the earnings season, along with testimony from Fed Chair Kevin Warsh and US inflation data. Higher crude prices kept bets on a July US interest rate increase in place, with swap markets signal…

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BloombergLean L·2h ago
Trump Plans Hormuz Charge, Stocks Steady Before Warsh & CPI | The Opening Trade 7/14/2026
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped through the waterway. US stocks steadied as traders refrained from making big bets ahead of a jam-packed day that will see the unofficial start of the earnings season, along with testimony from Fed Chair Kevin Warsh and US inflation data. Higher crude prices kept bets on a July US interest rate increase in place, with swap markets signal…
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Trump Plans Hormuz Charge, Stocks Steady Before Warsh & CPI | The Opening Trade 7/14/2026

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