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S&P 500 closes lower on May 15 if Strait of Hormuz remains closed

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user-generated· macro

S&P 500 closes lower on May 15 if Strait of Hormuz remains closed

Market overview

If the Strait of Hormuz remains closed by the Trump-Xi summit (May 14-15), investors will interpret this as a failure to resolve the U.S.-Iran war, triggering sell-offs in equities. The energy shock would compound inflation concerns, weighing on market sentiment.

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Implied probability (Yes)
70%

Source: user-generated

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