April 17 (Reuters) – Wall Street’s main indexes opened higher on Friday after Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following a ceasefire accord agreed in Lebanon. The Dow Jones Industrial Average rose 210.1 points, or 0.43%, to 48,788.81 at the open. The S&P 500 rose 33.3 points, or 0.47%, […]
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Wall St climbs at open after Iran says Strait of Hormuz open
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April 17 (Reuters) – Wall Street’s main indexes opened higher on Friday after Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following a ceasefire accord agreed in Lebanon.
The Dow Jones Industrial Average rose 210.1 points, or 0.43%, to 48,788.81 at the open. The S&P 500 rose 33.3 points, or 0.47%, to 7,074.55, while the Nasdaq Composite rose 235.3 points, or 0.98%, to 24,338.009.
The small-cap Russell 2000 also hit its first intraday record high since the U.S.-Iran war erupted, and was last up 1.3%.
(Reporting by Niket Nishant and Avinash P in Bengaluru; Editing by Tasim Zahid)