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Apple rose 1.1%, and Amazon added 1.4%.
President Trump has set a deadline to bomb Iranian power plants if the Strait of Hormuz remains closed.
KEY POINTS
- The S&P 500, Dow Jones, and Nasdaq are all down year-to-date despite recent daily gains.
- JPMorgan CEO Jamie Dimon warned that high asset prices could cause dramatic global market impacts.
- The 10-year Treasury yield remains elevated at 4.33%, up from 3.97% before the Iran war.
- Analysts note that reopening the Strait of Hormuz, not just U.S. withdrawal, is key for global markets.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →