Stock Market Update

24-Mar-26 15:35 ET
Iran to allow non-hostile vessels to pass through Strait of Hormuz
Dow +42.42 at 46249.78, Nasdaq -132.47 at 21814.30, S&P -9.51 at 6573.48

[BRIEFING.COM] The major averages continue to sit mostly lower with modest losses as today's action nears its conclusion. 

Financial Times recently reported that Iran is now allowing "non-hostile" vessels to pass through the Strait of Hormuz. 

In corporate news, Bloomberg reported that Apple (AAPL 252.32, +0.83, +0.33%) is developing a dedicated Siri app, representing a shift in the company's AI strategy. Though the stock holds just a modest gain today, it is one of just two "magnificent seven" names that trades higher, the other being Tesla (TSLA 384.25, +3.40, +0.89%). 

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