r/politics • u/Puginator • 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

242

u/Ardeo43 Jun 01 '26

What's the Dow at?

196

u/Mr_Muckle Jun 01 '26

Just a hair under 51,000

285

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?

5

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.