Oil climbs on Hormuz worries, Dow ends five-day win streak; jobs report eyed

cn.investing.com (Chinese)

US stocks fell Thursday, ending the Dow's five-session winning streak, as oil prices climbed on Iran-related Hormuz Strait concerns and investors awaited the jobs report. The Dow dropped 464 points to 53,885.10, the Nasdaq slipped 0.06%, and the S&P 500 fell 0.18%. Western Digital plunged 13%; oil rose over 2% after reports of a draft barring US and Israeli ships from Hormuz. Iran's parliament committee is reviewing the draft; President Trump said a deal with Iran could come soon and the strait is partly open. Markets also awaited Friday's nonfarm payrolls report.


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