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Stock impact report

Stocks fall as Iran's new supreme leader vows to keep Strait of Hormuz closed [CNN]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: CNN
The major US stock indexes were down 1% or more, extending a recent bout of volatility. The Dow fell 655 points, or 1.38%. The S&P 500 was down by 1.3%, and the tech-heavy Nasdaq Composite sank 1.66%. US crude oil prices surged 9.8%, to $95.83 per barrel. Brent crude, the international oil benchmark, rose 9.3%, to $100 per barrel. Oil prices climbed as Iran's new supreme leader Mojtaba Khamenei issued his first public message , warning that the crucial Strait of Hormuz will remain closed as a “tool of pressure.” The message, read on Iran's state television by an anchor, also said that all US bases in the region “will be attacked” unless they shut down. The Strait of Hormuz, the vital waterway off Iran's coast through which 20% of global oil consumption flows, has been effectively closed since the war began. That has sent oil prices soaring and dimmed the outlook for stocks across the globe. “The implicit closure of the Strait of Hormuz remains the hinge factor for global mark Show less Read more
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