The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.04%. June E-mini S&P futures (ESM26) rose +0.08%, and June E-mini Nasdaq futures (NQM26) rose +0.04%.
Stock indexes recovered from early losses on Tuesday and settled slightly higher in hopes of an extension to President Trump’s Tuesday night deadline for Iran to open the Strait of Hormuz. Pakistan urged the US for a two-week extension of President Trump’s deadline while asking Iran to open the Strait of Hormuz, and Iran said it is “positively reviewing” Pakistan’s proposal.
