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Stock market jumps after Israel-Lebanon ceasefire, Hormuz opening

CN
CitrixNews Staff
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Stock market jumps after Israel-Lebanon ceasefire, Hormuz opening

The stock market saw a boost after the opening bell Friday morning, after a 10-day ceasefire between Israel and Lebanon took effect and Iran declared the Strait of Hormuz “completely open.” The S&P 500 was up 1.1 percent, and the Nasdaq Composite rose 1.4 percent as of 10:30 a.m. EDT. The Dow Jones Industrial Average…

Originally reported by The Hill. Read the full story at the original source.