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EconomyUS stock market hits record high amid hopes for Strait of Hormuz reopening

US stocks reached a record high as hopes grew that the Strait of Hormuz could reopen. Oil prices declined after US officials promoted progress in talks aimed at reopening the critical waterway.

US stocksStrait of Hormuzoil pricestalks

AAl Jazeera★★★★☆2026-08-05 02:09Original

US stock market hits record high amid hopes for Strait of Hormuz reopening
US stock market hits record high amid hopes for Strait of Hormuz reopeningEconomy