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U.S. stocks finished mixed as optimism about the reopening of the Strait of Hormuz was offset by more volatility in artificial-intelligence wagers.
The Dow Jones hit a new high thanks to Nvidia, but Google, SpaceX and AMD weighed on the Nasdaq. Sandisk, Western Digital fell late.
Aug 5 (Reuters) - Wall Street's main indexes opened higher on Wednesday, as hopes of a Middle East peace breakthrough offset the slide in shares of SpaceX and AMD after the upbeat forecasts issued by
By Johann M Cherian and Shashwat Chauhan Aug 5 (Reuters) - Futures tracking the S&P 500 and the Dow edged up on Wednesday on hopes of a Middle East peace breakthrough, while ones tied to the Nasdaq
Sacrificing additional transparency is a dangerous game to play.
A rally across global stock markets continued, with sentiment boosted by the prospect of a U.S.-Iran agreement to reopen the Strait of Hormuz.
Compass stock was rising in after-hours trading after the company reported earnings and issued guidance that exceeded consensus estimates. Compass’s ongoing integration of the Anywhere brokerage business and partnership with Redfin helped. Compass reported basic earnings of twelve cents a share, or eleven cents a share diluted, on $4.3 billion in revenue in its second quarter, the real estate brokerage said in a Tuesday announcement.
Shares plunged 10% after reports tied a food-safety issue to produce at multiple locations, on Aug. 4, 2026.
U.S. stocks surged and oil fell sharply after Treasury Secretary Scott Bessent said the U.S. could reach a deal with Iran to reopen the Strait of Hormuz “today or tomorrow.”
Oil prices continued their slide and stocks rallied after Scott Bessent said a deal with Iran to reopen the Strait of Hormuz could come “today or tomorrow.” The Dow industrials climbed 1.7% and closed above 54,000 for the first time.
The bond market’s summer reset has 10-year note yields trading near the highest levels since early 2025.
By Stefano Rebaudo Aug 4 (Reuters) - European stocks climbed alongside U.S. futures on Tuesday, although a rebound in oil prices underscored market scepticism that the U.S.-Iran war would be resolved