(Updates)

By Niket Nishant and Avinash P

April 17 (Reuters) - Wall Street's main indexes were set

for strong gains at the open on Friday after Iran said the

Strait of Hormuz was "completely open" for the duration of the

ceasefire.

Iran's foreign minister Abbas Araqchi said in a post on X

that passage for all commercial vessels through the Strait of

Hormuz is declared "completely open" for the remaining period of

the ceasefire, in line with the ceasefire in Lebanon.

At 09:12 a.m. ET, Dow E-minis were up 582 points, or

1.19%, S&P 500 E-minis were up 66.5 points, or 0.94%, and Nasdaq

100 E-minis were up 303.75 points, or 1.15%.

The CBOE volatility index hit a two-month low and was

last down 0.8 points at 17.14.

Energy stocks fell, with Exxon Mobil ( XOM ) and Chevron ( CVX )

down nearly 3% each in premarket trading. Airline shares

gained, with American Airlines ( AAL ) up 5.3%.