Business News Update — June 15, 2026 6 PM Eastern

Clockwise Business News — Wall Street rallied dramatically today, with the Dow Jones Industrial Average closing at a significant new record high. This is Clockwise business news, 6 PM Eastern. Major indices surged across global markets, fueled by a tentative US-Iran deal aimed at reopening the vital Strait of Hormuz. Technology and AI stocks notably led these substantial gains. Global oil prices fell sharply today, with Brent crude futures dropping almost 5% to below $85 a barrel.