Dow slips as Hormuz negotiating window lapses
The Dow Jones Industrial Average trades near 53,550, down about 200 points and roughly 1,200 below its August 5 record as the 60-day Strait of Hormuz negotiating window expires without a deal.
DJI
The Dow Jones Industrial Average is trading near 53,550, down close to 200 points on the session and roughly 1,200 below the record printed on August 5.
The move comes on the day the 60-day negotiating window meant to end the war over the Strait of Hormuz lapses with nothing agreed to replace it.
The unresolved situation leaves markets focusing on risks around the waterway while the index remains below its recent peak.
Source: FXStreet Forex News