Wall Street Indexes Rise as Iran Opens Strait of Hormuz Following Ceasefire
Wall Street indexes surged after Iran announced the Strait of Hormuz is 'completely open' following a ceasefire agreement in Lebanon. The news led to a drop in crude prices and a rise in airline and cruise stocks, with the S&P 500 and Nasdaq Composite hitting record highs.
Tickers: $AAL $CCL $CVX $NCLH $UAL $XOM
Topics: Geopolitical Tensions Iran Market Rally Stock Market Movement Strait of Hormuz