Dow Jones Industrial Average surges as Iran reopens Strait of Hormuz

US equities ripped higher on Friday as a ceasefire between Israel and Lebanon, paired with Iran's announcement that the Strait of Hormuz would reopen to commercial traffic, triggered a broad risk-on rally.

Dow Jones Industrial Average surges as Iran reopens Strait of Hormuz
US equities ripped higher on Friday as a ceasefire between Israel and Lebanon, paired with Iran's announcement that the Strait of Hormuz would reopen to commercial traffic, triggered a broad risk-on rally.

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