Stocks Surge After Iran Opens Strait

The S&P 500 and Nasdaq both ended at new highs. Plus: QVC shares drop after the company files for bankruptcy. And Netflix shares plummet after issuing disappointing guidance. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.