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Nasdaq Rises for 10th Day in a Row, Oil Slips Below $100 — Live Markets

Stock Market Today: Nasdaq Rises for 10th Day in a Row, Oil Slips Below $100 — Live Markets

The U.S. blockade of the Strait of Hormuz is proving to be no bother to investors.

Stocks rose on Tuesday, with the Nasdaq composite's 2% move giving it a 10th straight day of gains. The S&P 500 rose 1.2%, putting the broad benchmark within 0.2 percentage point of a record. The Dow Jones Industrial Average added 318 points, or 0.7%.

Oil prices retreated with U.S. crude sliding 7.9% to $91.28 a barrel, the lowest level since March 25. Brent crude, the international benchmark, dropped 4.6% to $94.79.