Dow Up, Energy Focus Up

All three major indices rose today.

The NASDAQ rose 365.78 points.

The DOW rose 868.71 points.

The S&P rose 84.78 points.

Stocks surged as investors reacted to the reopening of the Strait of Hormuz, a key global oil transit route. The move sharply reduced concerns about energy supply disruptions, sending oil prices significantly lower and easing inflation pressure across the market.

The rally was broad-based, with strong participation across sectors. Lower energy costs supported consumer and industrial stocks, while technology shares continued to lead gains, pushing both the Nasdaq and S&P 500 to fresh record highs.

The strength of the advance reflected a decisive shift toward risk-on sentiment, as investors responded to improving geopolitical conditions and reduced near-term inflation risk. Analysts noted that falling oil prices played a central role in supporting equity valuations and driving the day's gains.

All this as Energy Focus shares rose $0.72 to end the day at $2.94 per share.

The move appears to have been driven primarily by momentum and elevated trading after the company announced multi-year progress on data center infrastructure work and pointed to a growing project pipeline tied to AI-ready facilities. Energy Focus operates as a micro-cap company, and its shares typically trade with low liquidity, meaning relatively small increases in demand can produce outsized percentage gains.

Additionally, broader market strength--particularly in a strong risk-on session--often leads investors to rotate into smaller-cap, higher-volatility names, amplifying price movements.

In combination, today's gain reflects momentum-driven trading in a thinly traded stock, occurring alongside a powerful broader market rally fueled by easing geopolitical risk and falling energy prices.