Iran Closes Strait of Hormuz; SK Hynix Loses IPO Gains Amid Market Volatility
Global markets declined as Iran closed the Strait of Hormuz following airstrikes between Tehran and Washington. South Korea's Kospi dropped nearly 9%, with SK Hynix losing over 15% in value, erasing gains from its Nasdaq debut.
Tickers: $MU $SKHYV $SNDK $STX
Topics: iran_us_conflict sk_hynix stock_market strait_of_hormuz_closure