April 18, 2026 10:55 AM
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Global equity markets surge after Iran announces reopening of Hormuz
Global equity markets rallied following the announcement of the reopening of the Strait of Hormuz, as easing geopolitical tensions lifted risk sentiment across regions. In the U.S., the Dow Jones Industrial Average surged about 1.8%, while the S&P 500 and Nasdaq Composite gained over 1% each, su...