Traders Skeptical of Irans Strait of Hormuz Reopening Timeline Spotify Surges 13 on AI Deal with Universal Music and 2030 Guidance US Consumer Sentiment Remains Depressed Inflation Geopolitical Tensions and Trade Policy Weigh on Americans Outlook Jim Cramer Offers Turnaround Strategy for Nike NKE Amid Market Challenges Tulsi Gabbard Steps Down as Intelligence Chief to Focus on Family Health Rising Private Credit Defaults Strain Banks and Insurers Amid Higher Rates Oil Prices Decline as USIran Peace Deal Hopes Rise Strait of Hormuz Reopening Possible