Stock market today: Dow falls, S&P 500 and Nasdaq shake of early losses on Strait of Hormuz hopes

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• The only way for oil prices to come down quickly would be a swift resolution that results in Iran reopening the strait, which could see front months of crude drop $20 per barrel very quickly on long liquidation

  60% confidence

• Iran and Oman are drafting a protocol to supervise traffic through the Strait of Hormuz

  60% confidence

• What I saw over time was a business with strong brand equity, a desirable physical footprint, and, most importantly, a group of teammates who care deeply about the customer

  60% confidence

• The company plans to aggressively pursue further acquisitions as it seeks to rebuild its home essentials empire

  60% confidence

• Trump vowed to 'hit Iran hard' and 'send them back to the Stone Age'

  60% confidence

• We need to get back above the 200-day moving average at 6650, and bad stuff happens below the 200 day

  60% confidence

• Traders are pricing in the US to leave the Middle East before the end of April

  60% confidence

• Other countries should 'take it, protect it, use it for yourselves' regarding the Strait of Hormuz, because he views the US as independent of the strait

  60% confidence

• To top it off, refined product exports have been restricted by China, Korea, Thailand, and Pakistan

  60% confidence

• The US would escalate its military operations before withdrawing from Iran in two to three weeks

  60% confidence

• Stock and commodity markets continue to whipsaw according to Trump's latest comments on geopolitical developments. Bitcoin is largely following stocks' direction, though in the past few weeks it has showed reduced sensitivity to both good and bad news

  60% confidence

• The Container Store acquisition is a critical step for the company, filling critical gaps in both retail and home services strategy

  60% confidence

• Asian refiners have had to cut utilization rates due to a lack of crude oil, further exacerbating the supply situation

  60% confidence

Data points we hold from this source