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Stocks Dive Despite Trump Oil Mission Hopes

Wall Street Journal Markets •
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U.S. stocks face their worst quarterly performance in four years as geopolitical optimism fades. President Trump's indication that the U.S. military mission in the Strait of Hormuz could end without force sparked a premarket rally, but analysts warn the relief is temporary. U.S. stocks are set for their worst quarterly performance in four years, according to the report, reflecting broader commodity market pressures. The potential end of the Hormuz mission could ease immediate oil supply fears, but **Exxon Scientists Had Doubts About Algae Biofuels.

The Oil Giant Touted Them Anyway** remains a cautionary tale about corporate messaging versus scientific reality, highlighting long-term challenges for LNG producers despite short-term profits. Volvo's debt conversion to increase its stake in Polestar shows automotive sector strategic shifts, though these developments don't offset the broader market weakness.