^DJI Today: March 11 Hormuz Closure Spurs Oil Spike, Risk-Off Tilt
Dow Jones today is weaker as energy shock headlines hit risk appetite. The index trades at 47,417.28, down 0.606% or 289.24 points, between 47,185.89 and 47,711.26. A Strait of Hormuz closure tightens supply, and crude prices surge. Reports of 140 to 150 U.S. service members injured and about $5B in munitions outlays amplify equity risk premia. For German investors, higher fuel costs, softer euro, and cautious global credit conditions add pressure into March 11 trading.
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