Dow edges to record on renewed Hormuz deal optimism
US Stock markets climbed but then stalled on Wednesday as investors digested a wave of company earnings that broadly surpassed expectations, while assessing the chances of a US-Iran deal to reopen the Strait of Hormuz. After pushing strongly ahead in early trading on Wall Street, momentum weakened for major US indices, with the tech-rich Nasdaq and broad-based S&P 500 finishing lower. The Dow…
We haven't written up this one. RTHK News - Finance has the full story — the link below goes straight to it.
