Stocks Rise on Earnings and Hopes for Hormuz Deal | TheBriefWire
Stocks Rise on Earnings and Hopes for Hormuz Deal
Published 5 August 2026 ยท finance
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday.
While equities pared earlier gains, the S&P 500 headed toward its longest winning streak since June. Alicia Levine, CIO at BNY Wealth, discusses the path ahead for the S&P 500. More on Bloomberg Television and Markets Like this video?
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Published: August 5, 2026 โข 10:08 PM IST ยท Updated: August 5, 2026 โข 10:42 PM ISTBy TheBriefWire Editorial Team
Key pointsยท Video
A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday.
While equities pared earlier gains, the S&P 500 headed toward its longest winning streak since June.
Alicia Levine, CIO at BNY Wealth, discusses the path ahead for the S&P 500. More on Bloomberg Television and Markets Like this video?
Connect with Bloomberg Television on Connect with Bloomberg Business on TikTok Reddit More from Bloomberg Bloomberg Radio Bloomberg Surveillance Bloomberg Politics Bloomberg Originals Watch more on Bloomberg Technology Bloomberg Originals Bloomberg Quicktake Bloomberg Espanol Bloomberg Podcasts