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Dow Jones Industrial Average bounces on Iran's latest Hormuz offer

Iran has offered to reopen the Strait of Hormuz within seven days of Washington accepting its terms, and buyers have taken the Dow Jones Industrial Average high

Iran has offered to reopen the Strait of Hormuz within seven days of Washington accepting its terms, and buyers have taken the Dow Jones Industrial Average higher before Washington has replied.

The index trades near 51,800 on Friday and is on track to end a three-session losing run.

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