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   News alert: Dow hits record on Iran deal hopes
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   A Hormuz deal could come within days, Bessent says.
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               Thursday, February 19, 2026
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              <a data-linktext="Dow surges to a second straight record high as Bessent says a Strait of Hormuz deal could come within days" data-linktype="Normal" style="color:#121721;text-decoration:none" target="_blank">
               Dow surges to a second straight record high as Bessent says a Strait of Hormuz deal could come within days
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              The Dow Jones Industrial Average climbed 1,035 points Tuesday to a record high for the second straight session, driven by strong earnings and a drop in oil prices after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come "today or tomorrow." WTI crude slid 5% to around 
$76 a barrel. The S&amp;P 500 reached its first record high since June, and Palantir surged 29% after its CEO called second-quarter results "otherworldly."
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industry-wide unease over AI costs. Over 2 million businesses use OpenAI's tools, bu it still lost $38.5 billion in 2025.
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                  In return for guaranteeing debt with its strong credit, Google is set to take about a 20% stake in the project. Nexus Data Centers is in talks to build the Texas site, powered by an on-site 1.6-gigawatt gas plant.
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