Miner Company
Strait of Hormuz Uncertainty Causes Stocks to Jump
A ceasefire between Israel and Hezbollah in Lebanon and news that Iran allegedly decided to reopen the Strait of Hormuz to commercial shipping sent risky assets surging anew on Friday. This surge extended a rally that pushed the S&P 500 to a fresh record and fueling its biggest monthly advance since 2020.
A ceasefire between Israel and Hezbollah in Lebanon and news that Iran allegedly decided to reopen the Strait of Hormuz to commercial shipping sent risky assets surging anew on Friday. This surge extended a rally that pushed the S&P 500 to a fresh record and fueling its biggest monthly advance since 2020.