Dow Jones Sinks 785 Points to 47,399 as $90 Brent Oil and Hormuz Disruption Rattle Markets

On Friday, the Dow Jones Industrial Average fell 785 points, or 1.61%, to 47,399 amid a Brent crude surge to $90 and shipping disruption in the Strait of Hormuz. Energy supply fears from the US-Iran conflict drove heavy losses in major financial, industrial, and healthcare names, while select energy stocks gained. Analysts' models now link further oil price spikes to additional Dow declines, with upcoming payroll data and potential Hormuz developments set to determine whether the index rebounds or slides toward lower levels.