Stocks Rally as Iran Announces Strait of Hormuz is "Completely Open"

U.S. equity benchmarks are broadly higher, with the S&P 500 up 0.87%, the Dow up 1.33%, and the Nasdaq 100 up 0.86%. June E-mini futures are also firm, with S&P futures up 0.93%, indicating a modest risk-on tone in early market trading.

Analysis

U.S. equity benchmarks are broadly higher, with the S&P 500 up 0.87%, the Dow up 1.33%, and the Nasdaq 100 up 0.86%. June E-mini futures are also firm, with S&P futures up 0.93%, indicating a modest risk-on tone in early market trading.