Oil Tumbles 10% And The Dow Soars More Than 1,000 Points After Iran Reopens The Strait Of Hormuz
Israel
U.S. stocks race toward the finish of a third straight week of big gains. NEW YORK (AP) — Oil prices dropped more than 13% Friday, and U.S. stocks raced toward another record after Iran said the Strait of Hormuz is open again for oil tankers carrying crude from the Persian Gulf to customers worldwide. The S&P 500 leaped 1.4% as Wall Street rallied toward the finish of a third straight week of big gains, its longest such streak since Halloween. A freer flow of oil would not only help drivers
astăzi