U.S. stocks closed higher, with the S&P 500 posting its first close above 7,100 after Iran announced the full reopening of the Strait of Hormuz for commercial vessels. The move eases a key geopolitical and shipping-risk overhang that had threatened global oil and trade flows. The article signals a broad risk-on market reaction with meaningful implications for energy and transportation markets.
U.S. stocks closed higher, with the S&P 500 posting its first close above 7,100 after Iran announced the full reopening of the Strait of Hormuz for commercial vessels. The move eases a key geopolitical and shipping-risk overhang that had threatened global oil and trade flows. The article signals a broad risk-on market reaction with meaningful implications for energy and transportation markets.
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mildly positive
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0.25