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New York, April 18 (QNA) – Major stock indices on Wall Street closed higher today, as oil prices fell and the Strait of Hormuz was reopened.
The Standard & Poor’s 500 index rose by approximately 1.20 percent, to close at 7126.05 points. The Nasdaq Composite Index also rose by 1.52 percent, to reach 24468.48 points. The Dow Jones Industrial Average, for its part, advanced 1.7 percent, to 49,449.5 points. (QNA)