Dow falls 350 points, oil surges above $100 after US announces Strait of Hormuz blockade

US stocks fell on Monday morning as oil prices rose above $100 a barrel after President Trump announced a new closure of the Strait of Hormuz during a fragile ceasefire with Iran. The Dow Jones Industrial Average was down 354 points, or 0.7%, as of 9:35 a.m. EST, while the S&P 500 and Nasdaq were … Read more

Stock Market today: Dow leaps 500 points as US stocks recover most of Friday’s wipeout

New York — American stocks are gathering on Monday and retracted their severe losses since last week, when fears of how President Donald Trump’s tariffs will be punished, the economy he sent to Wall Street. SP 500 jumped by 1.3 % in the afternoon trading to a decrease of more than three quarters of a … Read more