BUSINESSFORTUNE
Wall Street stays steady at record highs as ‘coiled spring’ releases in August, with talks of deal to reopen Strait of Hormuz
Wall Street indices remained near record highs as the S&P 500 and Dow Jones rose, while the Nasdaq dipped slightly. Companies like Walt Disney and Booking Holdings saw gains, whereas SpaceX and AMD declined. Discussions about reopening the Strait of Hormuz and AI-driven market movements influenced investor sentiment.
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- US stock market hits record high amid hopes for Strait of Hormuz reopening
- Oil prices rise, but not by enough to drag Wall Street far off its records
- Wall Street hangs near its records as profits keep piling up for US companies and oil prices swing
- Wall Street inches higher as markets absorb war, tariffs, high energy costs and AI anxiety
- Stocks rise on Wall Street, erasing much of their loss from a day earlier
- Wall Street rallies to records, pushing S&P 500 up 1.8%, as profits pile up and oil prices ease