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Market Impact: 0.05

Stocks Recover on Hopes Strait of Hormuz Could Soon Reopen

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S&P 500 closed up +0.11%, the Dow Jones Industrial Average closed down -0.13%, and the Nasdaq 100 closed up +0.11% on Thursday. June E-mini S&P futures rose +0.08%, reflecting modest overnight upside but overall muted market moves that are unlikely to be market-disruptive.

Analysis

S&P 500 closed up +0.11%, the Dow Jones Industrial Average closed down -0.13%, and the Nasdaq 100 closed up +0.11% on Thursday. June E-mini S&P futures rose +0.08%, reflecting modest overnight upside but overall muted market moves that are unlikely to be market-disruptive.

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