Stock Market Rises on Open Strait of Hormuz, Truist Reports Strong Earnings, Tech Stocks Lead Gains

U.S. stocks surged on Friday following Iran's declaration that the Strait of Hormuz is open, easing supply disruption fears. Truist reported a 25% year-over-year increase in net income, and tech stocks led the market gains. Oil prices fell sharply as tensions eased.

By The Motley Fool Team, Tim Beyers, Jim Mueller, CFA, and Alicia Alfiere, MBA · Motley Fool · April 17, 2026, 13:17 UTC

Tickers: $MSFT $TFC $TSLA

Topics: earnings reports geopolitical events oil prices stock market tech stocks

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