Published Mar 16, 2026, 8:14 AM ET · Updated 8 months ago · 1 source

S&P 500 Advances as Concerns Over Strait of Hormuz Closure Ease

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bloomberg
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Original Report

US stocks are off early morning highs as investors are cautiously optimistic that the Iran conflict will end sooner than expected, as concerns about the prolonged closure of the Strait of Hormuz would impact global supply chains abate.