Hopes for an agreement to revive the Strait of Hormuz lifted stocks toward 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 Set for All-Time Highs on Hormuz Deal Push: Markets Wrap
Hopes for an agreement to revive the Strait of Hormuz lifted stocks toward all-time highs, bonds climbed and oil sank, with Wall Street’s enthusiasm also fueled by a batch of solid corporate earnings.
