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The S&P 500 rose 1.01% on Monday to close at 6,699.38, snapping a four-day losing streak as oil prices pulled back after Treasury Secretary Scott Bessent said the U.S.

Mojtaba Khamenei may have been appointed Iran's Supreme Leader only days ago, but cryptocurrency bettors are already wagering on how soon he might exit.

The S&P 500 closed Wednesday's session down 0.084% at 6,775.80, extending its losses as a historic release of strategic oil reserves failed to cool surging crude prices.

The S&P 500 ended Tuesday's session down 0.21% at 6,781.48, after a volatile stretch driven by oil price swings and escalating tensions in the Middle East, with investors closely tracking developments around the Strait of Hormuz.

It's been over a week since Iran announced the closure of the Strait of Hormuz, an important trading route amid the U.S.-Iran war in which the country's Supreme Leader, Ayatollah