Markets
S&P 500, Nasdaq rally to third record close in a row and oil falls with optimism over Strait of Hormuz opening
Wall Street indexes rally as oil falls with Strait of Hormuz opening
The benchmark S&P 500 and the tech-heavy Nasdaq each rallied to their third record close in a row on Friday, while the blue-chip Dow marked its highest finish since late February, as investors cheered Iran's decision to open the Strait of Hormuz and were optimistic it could reach an agreement with the United States.
