Iran announces the opening of the Strait of Hormuz; the three major U.S. stock indexes open higher
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According to ChainCatcher, market data from a certain exchange shows that at the opening of the US stock market, the Dow Jones Industrial Average rose by 1.07%, the S&P 500 Index rose by 0.66%, and the Nasdaq Composite Index rose by 0.87%. Most oil and gas related stocks fell, with BP down 6.3%, ExxonMobil down 5.07%, and Chevron down 3.7%. Previously, the Iranian Foreign Minister announced that the Strait of Hormuz would be opened during the remaining time of the Israel-Lebanon ceasefire.
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