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<US> S&P 500 Closes Above 7,100 for First Time; DJIA Once Soars 2.3%, Ends Up 868 pts
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Iran said the Strait of Hormuz has been fully reopened to commercial vessels, sending US equities sharply higher on Friday. The DJIA once surged by as much as 1,139 points, or 2.3%, to a peak of 49,717, and closed up 868 points, or 1.8%, at 49,447. The Nasdaq rose 365 points, or 1.5%, to 24,468; the S&P 500 index broke above the 7,100 mark for the first time, closing up 84 points, or 1.2%, at 7,126. Both indices set record closing highs for three consecutive sessions.

Netflix (NFLX.US) reported quarterly earnings guidance below expectations and its co-founder resigned, sending the stock down 9.7%.

Related NewsPPI MoM for Mar in the United States is 0.5%, unchanged from its last period. The forecast was 1.1%.
Major technology stocks advanced, with Tesla (TSLA.US) up 3%, Apple (AAPL.US) rising 2.6%, and NVIDIA (NVDA.US) and Meta (META.US) both gaining 1.7%.

Amid a plunge of more than 10% in oil prices, energy stocks weakened, with Exxon Mobil (XOM.US) and Chevron (CVX.US) falling between 2% and 3%. (sw/m)


Related NewsCore PPI MoM for Mar in the United States is 0.1%, lower than the previous value of 0.3%. The forecast was 0.5%.
This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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