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Benzinga
Benzinga
Business
Piero Cingari

Oil Jumps 3%, Yields Climb as Hormuz Hopes Fade: Stock Market Today

Oil,Pump,Jacks,And,Refinery,Silhouettes,With,Overlay,Of,Bullish

Wall Street’s record-setting run stalled Monday as crude oil surged more than 3% and Treasury yields pushed to their highest level this month, with hopes for a near-term deal to reopen the Strait of Hormuz fading fast.

• UWM Holdings shares are climbing with conviction. Why is UWMC stock up today?

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