Iran War: Stocks Slip From Highs as Hormuz Remains Shut | The Opening Trade 4/27/2026

US stocks slipped from record highs as the Strait of Hormuz remained shut, lifting oil prices, with traders also eyeing major megacap tech earnings and central bank decisions this week. S&P 500 futures fell. Brent crude rose to above $108 a barrel. Tehran signaled it would accept an interim agreement to reopen the waterway after nearly two months in exchange for the US lifting its blockade of Iranian ports, Axios reported Monday. The Opening Trade has everything you need to know as markets ope...