Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Trump said the U.S. will offer insurance for “ALL Maritime Trade” in the Middle East, adding that the U.S. Navy would escort ships through the Strait of Hormuz, if necessary.
U.S. markets pared losses after Trump’s post, with the Dow Jones Industrial Average
ending down 403.51 points, or 0.83%. At its lowest, the Dow was down more than 1,200 points. The S&P 500
slipped 0.94%, while the Nasdaq Composite
