A.M. Edition for Sept. 25. <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-25-2026?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Bonds have come off</a> yesterday’s highs thanks to a retreat in oil prices, after <a href="https://www.wsj.com/world/middle-east/why-the-gulf-wants-trump-to-hold-the-line-on-iran-b283a5e1?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Iran offered to reopen</a> the Strait of Hormuz within seven days, if its terms are met. But WSJ correspondent <a href="https://www.wsj.com/news/author/benoit-faucon?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">Benoit Faucon</a> says President Trump is unlikely to compromise ahead of the midterms. Plus, cracks begin to show in Oracle’s massive <a href="https://www.wsj.com/finance/investing/cracks-in-oracles-ai-data-center-build-out-appear-in-massive-new-mexico-project-effb51c2?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">AI data-center buildout</a>. And a <a href="https://www.wsj.com/politics/u-s-government-airs-pro-trump-anti-communism-ad-39cd8227?mod=WSJ_WNPOD" target="_self" rel="noopener noreferrer">pro-Trump, anti-communism ad</a> paid for by the U.S. government, hits the airwaves. Luke Vargas hosts.

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