Dow edges to record as markets parse prospects for Hormuz deal

AI Summary

The Dow edged towards a record high as markets remained optimistic about the prospects of a deal concerning the reopening of the Strait of Hormuz. Analyst Patrick O'Hare noted a bullish market sentiment driven by hopes for resolution that could impact global trade flows.

Analyst Patrick O'Hare said markets remained "bullish minded" on hopes of reopening the Strait of Hormuz.