The S&P 500 surpasses 7,100 points for the first time after Ormuz reopening
Wall Street closed this Friday in the green and the S&P 500 surpassed 7,100 points for the first time, after Iran announced today the reopening of the Strait of Hormuz, a key route for hydrocarbon transit. At the end of the session, the S&P 500 rose 1.2%, to 7,126 points; the Dow Jones Industrial gained 1.8%, to 49,447 units, and the tech Nasdaq advanced 1.5%, to 24,468 integers.
TL;DR
- Wall Street closed in the green on Friday.
- The S&P 500 surpassed 7,100 points for the first time.
- Iran announced the reopening of the Strait of Hormuz.
- The Strait of Hormuz is a key route for hydrocarbon transit.
- The S&P 500 rose 1.2% to 7,126 points.
- The Dow Jones Industrial gained 1.8% to 49,447 units.
- The Nasdaq advanced 1.5% to 24,468 integers.