Closing bell | Dow jumps 850 pts as markets cheer Strait reopening; Nasdaq, S&P hit record highs
Wall Street surged on Friday, with benchmark indices closing at fresh record highs after Iran said the Strait of Hormuz would remain open, easing tensions in the US-Iran conflict. The S&P 500 jumped 1.2% to close above the 7,100 mark for the first time, logging its third straight record finish. The Nasdaq Composite gained 1.5%…
