Miner Company
US stocks bounce back as Dow climbs 300 points despite sticky inflation
US stocks opened in green on Friday after oil prices displayed some sign of easing, and officials from the Trump administration signalled that the Strait of Hormuz blockade will not be a long-term problem. The Dow Jones Industrial Average climbed 301 points, or 0.7%, while the S&P 500 added 0.5%, with the Nasdaq Composite also moving higher.
US stocks opened in green on Friday after oil prices displayed some sign of easing, and officials from the Trump administration signalled that the Strait of Hormuz blockade will not be a long-term problem. The Dow Jones Industrial Average climbed 301 points, or 0.7%, while the S&P 500 added 0.5%, with the Nasdaq Composite also moving higher.