How prolonged Strait of Hormuz closure could lead to oil demand destruction
Yahoo Finance·2026-05-11 17:30
Welcome to Market Catalyst. I'm Julie Heyman. 30 minutes into the US trading day. Let's take a look at the major averages. We are not seeing a heck of a lot of change here, but the NASDAQ and the S&P 500 did close on Friday at a record high. So, if either of them increases at all today, it will be another record close. But really, we see a lot of attention on later in the week. We've got President Trump and President Xi of China who are going to be meeting in China. So, some focus on that. We'll be getting ...