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Energy stocks had their best day in six weeks as the U.S. and Iran traded strikes near the Strait of Hormuz
·2 min read
The S&P 500's Energy sector rose 2.10% cap-weighted on 31 August, its largest single-day move in our last 31 sessions, while the broader index fell 0.28%. Brent crude topped $90 after the U.S. struck Iranian sites near the Strait of Hormuz.
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