Hopes for an agreement to revive the Strait of Hormuz lifted stocks to all-time highs, bonds climbed and oil sank, with Wall Street’s enthusiasm also fueled by a batch of solid corporate earnings.
Markets Bloomberg Aug 3, 2026
S&P 500 Rises to All-Time High on Hormuz Deal Push: Markets Wrap
Hopes for an agreement to revive the Strait of Hormuz lifted stocks to all-time highs, bonds climbed and oil sank, with Wall Street’s enthusiasm also fueled by a batch of solid corporate earnings.
