China Merchants semiconductor equipment ETF rose more than 5%; top holding Advanced Micro-Fabrication Equipment Inc. (AMEC) gained nearly 6%.

CNN reported a US official familiar with an ongoing military review said the situation remains highly dynamic and planners are still deciding how to carry out the next round of strikes on Iran. The official said US forces carried out nighttime sea- and land-based strikes on Iranian targets near the Strait of Hormuz that degraded Iran’s ability to attack vessels using the Oman route; afterwards Iran continued to harass shipping by radio but mounted no further attacks on ships today.

Iranian state television reported explosions heard near Abu Musa Island.