Stock Market Today, May 4: Strait of Hormuz Tensions Weigh on Stocks at Midday

Today’s stock market experienced volatility due to escalating tensions in the Strait of Hormuz and a surge in oil prices. The US-Iran conflict is impacting the energy market, reminding investors of potential risks. The upcoming earnings reports from AMD and Palantir, along with developments in the US-Iran war, are expected to drive near-term market performance.