Why are stocks rallying despite Hormuz closure and stagflation risks? GS answers

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Go back to Why are stocks rallying despite Hormuz closure and stagflation risks? GS answers
ISHARES MSCI SOUTH KOREA CAPPED ETF (NYSE: EWY) Delayed: 219.02 -0.18 (0.08%)
Previous Close $219.20    52 Week High $59.14 
Open $218.28    52 Week Low $44.42 
Day High $220.69    P/E N/A 
Day Low $217.10    EPS $0.00 
Volume 10,676,700       

PowerShares QQQ Trust, Series 1 (NASDAQ: QQQ) Delayed: 737.95 -2.67 (0.36%)
Previous Close $740.62    52 Week High $119.66 
Open $742.02    52 Week Low $94.84 
Day High $745.45    P/E N/A 
Day Low $734.39    EPS $0.00 
Volume 43,481,715       

S&P DEP RECEIPTS (NYSE: SPY) Delayed: 744.39 -2.35 (0.31%)
Previous Close $746.74    52 Week High $219.60 
Open $747.70    52 Week Low $181.02 
Day High $750.18    P/E N/A 
Day Low $743.13    EPS $0.00 
Volume 46,610,852       

United States Oil Fund (NYSE: USO) Delayed: 112.69 -2.18 (1.9%)
Previous Close $114.87    52 Week High $13.50 
Open $112.63    52 Week Low $7.67 
Day High $112.81    P/E 5.71 
Day Low $111.13    EPS $19.73 
Volume 4,500,005