The Dow Jones Industrial Average hit a record high again Tuesday as oil prices dropped amid hopes that the Strait of Hormuz could soon reopen.

US stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supported the market's upward movement.…

The Dow Jones Industrial Average closed at a record high on Monday, jumping 693.38 points buoyed up by rising tech stocks and falling oil prices.

Wall Street rallied sharply on Monday, with the Dow hitting a record high as easing oil prices and strong tech earnings lifted investor sentiment. The Dow gained over 1%, while…