Oil Prices Dive As Hormuz Opens; These S&P 500 Stocks Are 'Exhaling'

Crude oil prices plunged more than $20 a barrel from Tuesday's peak after President Donald Trump agreed to a two-week ceasefire and Iran agreed to reopen the Strait of Hormuz. United Airlines, Carnival and fellow cruise and airline stocks led the S&P 500 in morning trade. Gold, silver and copper prices all jumped, fueling gains for Newmont and Freeport-McMoRan.