US Market Live Update: Wall Street experienced a robust opening on Friday, continuing its record-setting rally as decreased geopolitical tensions in the Middle East boosted risk appetite. The Dow Jones Industrial Average soared more than 500 points, or 1.1%, at the start. The S&P 500 rose 0.6%, and the Nasdaq Composite increased by 0.9%, further extending gains after both indices reached new highs in the prior session.
Jet fuel costs could remain elevated even after the reopening of Hormuz, as it will take time for supply to stabilize: ING
Jet fuel prices are expected to stay high in the short term, despite Iran’s recent decision to reopen the Strait of Hormuz. Supply…
