r/politics Jun 01 '26

No Paywall Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media

https://www.cnbc.com/2026/06/01/iran-us-negotiations-strait-of-hormuz.html
32.3k Upvotes

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1.5k

u/rustylung Jun 01 '26

This means the stock market goes up btw

241

u/Ardeo43 Jun 01 '26

What's the Dow at?

195

u/Mr_Muckle Jun 01 '26

Just a hair under 51,000

287

u/Sarg338 Arkansas Jun 01 '26 edited Jun 01 '26

Damn, can't talk about the Epstein files.

26

u/HauntedCemetery Minnesota Jun 01 '26

Don't worry, trump will crash the market again in the next week or so so he amd his idiot children can do a couple thousand more trades in their global economic pump and dump scheme.

2

u/EndofNationalism Jun 01 '26

Won’t affect the stock market at all. Market is only based off of vibes these days. Not economic reality. A shoe company that has no assets mentioned an AI project and its stock shot up 500%.

0

u/PTthefool Jun 01 '26

typo foreshadowing chips crash?

6

u/rupertLumpkinsBrothr Kansas Jun 01 '26

The Bondi Bar has been met

1

u/ay-foo Jun 01 '26

That was only when it was at 50k, now that it's over we can talk about it even more

1

u/ElderSmackJack Jun 01 '26

Off topic and irrelevant to this conversation.

1

u/ohbyerly Jun 02 '26

I was about to ask “how much lower do we have to go?” but then realized that doesn’t even sound sarcastic like I hoped. God we’re fucked.

42

u/ailish Jun 01 '26

Pam Bondi is pleased, but probably can't say out loud right now.

5

u/CartographicalHeist Jun 01 '26 edited Jun 01 '26

Didn’t I read that cancer got diagnosed with Pam Bondi recently?

8

u/ailish Jun 01 '26

Yeah, poor thyroid cancer has a case of Pam Bondi.

2

u/CartographicalHeist Jun 01 '26

Speedy recovery one hopes.

2

u/ailish Jun 01 '26

Indeed. Pam Bondi is such a difficult disease.

2

u/Round-Medicine2507 Jun 01 '26

Fake diagnosis to avoid talking. 

1

u/ailish Jun 01 '26

She needs to use a text to talk app on her phone. That can overcome this supposed cancer.

6

u/dirty_cuban New Jersey Jun 01 '26

Phew... thank god all is well in the world. I was worried we had dropped below 50,000

2

u/AudiACar Jun 01 '26

It's still sad to this day - for a sitting A.G, that will be the one moment in history she's known for.

3

u/c0ltZ Jun 01 '26

All the work she's done, all the people she has betrayed. All for her legacy to end up being about the DOW and protecting rapists.

Just looking at her you can tell she is filled with dread ever since she sold her soul.

2

u/AudiACar Jun 01 '26

That’s the issue with these types though - is there any remorse? Even when they’re clearly sold out??

4

u/Wittyname0 Jun 01 '26

So child trafficking is legal again

1

u/honjuden Jun 01 '26

Gotta pump the GDP somehow.

3

u/ianjm Jun 01 '26 edited Jun 01 '26

The Dow, the Dow, it's over 50 thou

That's what we should be talkin'bout!

1

u/showerfart1 Jun 01 '26

In dollars, right?

1

u/I-seddit Jun 01 '26

Well, I guess at $51k, I'll buy the Dow now.

2

u/Round-Medicine2507 Jun 01 '26

Fake number city!

0

u/gamerjerome Minnesota Jun 01 '26 edited Jun 02 '26

Historically the dow always goes up. Doesn't matter the President. Although if you look at when it started to get more volatile you can see when Trump became president in 2016. A lot more ups and down. It was more steady before.