New Delhi, Aug. 6 -- US stocks traded on a mixed note on Thursday as investors tracked developments surrounding efforts to reopen the Strait of Hormuz, while corporate earnings continued to trigger sharp moves in individual stocks.

At 9:37 a.m. ET, the Dow Jones Industrial Average rose 44.19 points, or 0.08%, to 54,393.31, the S&P 500 gained 5.82 points, or 0.08%, to 7,729.37 and the Nasdaq Composite lost 14.59 points, or 0.05%, to 26,350.26.

At the open, the Dow Jones Industrial Average rose 77.7 points, or 0.14%, to 54,426.85. The S&P 500 fell 9.8 points, or 0.13%, to 7,713.79​, while the Nasdaq Composite dropped 94.6 points, or 0.36%, to 26,268.843.

Investor attention remained focused on the Middle East after Iranian officials...