US Stock Markets Dip as Iran Closes Strait of Hormuz Ahead of Ceasefire Talks
Major US equity indices fell at Monday’s open after Iran re-closed the Strait of Hormuz over the weekend, dampening the positive sentiment that had driven the S&P 500 and NASDAQ 100 to record highs last Friday. The move came after US forces boarded an Iranian oil tanker bound for China, escalating tensions just days before…
