Dow Jones And U.S. Stock Market Outlook: U.S. Blockade On Hormuz Begins - Wall Street Withstands The Pressure

MarketPulse by OANDA Group739 FollowersFollow5ShareSavePlay(7min)CommentsSummaryUS stock benchmarks gapped down at their weekly open with the US-Iran ceasefire weakening.Crude oil rebounded above $100 with Islamabad talks compromised and a US blockade in Hormuz on its way.Exploring Technical Levels for the Dow Jones, Nasdaq, and S&P 500. Guido Mieth/DigitalVision via Getty Images By Elior Manier This weekend marked the start of US-Iran negotiations, which, unsurprisingly, quickly turned sour. A wave of US and Iranian envoys have come and gone from Islamabad, Pakistan, to maintain the diplomatic attempts – the firstThis article was written byMarketPulse by OANDA Group739 FollowersFollowMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.