Straitof Hormuz: Oil Tankers

straitof hormuz: How did major indexes fare Dow Jones Industrial Average DJIA, -0.07% rose 101.94 points, or 0.4%, to 26,106.77, and the S&P 500 index SPX, -0.16% added 11.80 points, or 0.4%, to 2,891.64, according to Market Watch. The Nasdaq Composite Index COMP, -0.52% gained 44.41 points, or 0.6%, to 7,837.13. U.S. stocks closed higher Thursday, following back-to-back losses for major indexes, as investors monitored a sharp jump in oil futures after two oil tankers were damaged in suspected attacks off the coast of Iran. What drove the market Oil futures surged after reports about attacks on two oil tankers in the Gulf of Oman, near the Strait of Hormuz, with the U.S. Navy rushing to assist the vessels. Read Straitof Hormuz in spotlight after oil tankers attacked near world's most sensitive crude chokepoint Energy stocks were among the S&P 500's top performers, with the sector up 1.3%. Analysts continue to point to developments around U.S.-China tensions as a risk for global equities. Brent crude BRNQ19, 0.05% and U.S. benchmark West Texas Intermediate crude CLN19, 0.46%both jumped sharply. (news.financializer.com). As reported in the news.