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International Business Times
International Business Times
Business

Stocks Fall And Oil Jumps As Investors Assess Negotiations To Reopen The Hormuz Strait

Stocks fell and oil rose on Thursday as investors assess negotiations to reopen the Strait of Hormuz and renewed hostilities in the Red Sea. (Credit: AFP)

Stocks fell and oil rose on Thursday as investors assess negotiations to reopen the Strait of Hormuz.

The S&P 500 dropped 0.18%, while the tech-heavy Nasdaq Composite fell 0.06%. The Dow Jones Industrial Average underperformed, decreasing 0.85%.

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