Stocks rebound after sliding in early-day trade, with investors buoyed by reports that Iran and Oman could monitor ship traffic in the Strait of Hormuz.

Stocks overcame early losses to finish with slim gains and close out their first winning week since the start of the Iran war.

US stocks jumped Monday afternoon and oil prices went on a wild ride as President Trump signaled a possible end to the war in Iran – even as the vital Strait of Hormuz remained closed and Tehran attacked Israel’s largest oil refinery.

The sell-off in European stocks continued on Friday after U.S. President Donald Trump extended the ongoing hiatus of attacks on Iran's energy infrastructure. The pan-European Stoxx 600 provisionally ended the session 0.

U.S. stocks deepened their drops as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years.

CNN — New York (CNN) — US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year. The Dow fell 879 points, or 1.9%.

Live Updates Aluminum Prices Could See Higher Highs 23 minutes ago Live Aluminum prices could rally to higher highs. All after Iran attacked two Middle Eastern producers over the weekend, raising fears of a massive supply crisis.

The president is in a precarious political moment seven months before the midterm elections, facing some of his lowest approval ratings and presiding over an unpopular war.