Oil is back to early war days, S&P 500 jumps to all-time high
Fortune
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The Dow Jones Industrial Average surged as many as 1,100 points before paring its gain to 868, or 1.8%.
The Nasdaq composite climbed 1.5%.
Markets rally on peace prospects
- Oil, gas plunge on hope for end of war in Gulf Times Of India —
- Oil markets immediately drop after Trump and Iran say Hormuz is open Scripps News —
- Stocks soar and oil prices plunge as Iran says Strait of Hormuz is open CBS News —
- Wall Street indexes rally as oil falls with Strait of Hormuz opening Reuters —
- Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open The Straits Times —