Oil prices are falling and stocks are up. Traders worry they’ve gone too far

Oil prices are falling and stocks are up. Traders worry they’ve gone too far

The agreement to re-open the Strait of Hormuz has been met with swift relief in markets. But some traders worry the rally in stocks and drop in oil prices might be overdone. WTI, the US oil benchmark, settled at $76.60 a barrel Thursday, down almost 10% on the week. Gas dipped below $4 a gallon for...

Redirecting to full article...