The US stock market slipped below its all-time high while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again. The S&P 500 fell 0.1 per cent Monday. The Dow Jones Industrial Average fell 0.1 per cent, and the Nasdaq composite lost 0.3 per cent. Berkshire Hathaway climbed after becoming the latest US company to top analysts’ profit expectations. Technology stocks weighed on the market. Intel fell after saying it may sell US$15 billion of stock to raise cash to take advantage of the AI frenzy.