Oil Prices Plunge, Stocks Rise Amidst Strait of Hormuz Opening & Strong NVIDIA Bond Demand

Market News
1. President Trump announced the Strait of Hormuz is now fully open, triggering plummeting crude oil prices and a rise in stock markets.
2. NVIDIA's bond sale successfully attracted $85 billion in investor demand, significantly exceeding the initial $20-$25 billion target, indicating strong market confidence.
3. Brent and WTI crude oil prices saw significant drops of 4.76% and 4.87% respectively, settling at $83.17/bbl and $80.75/bbl.