Trump Says Talks Are Iran’s ‘Last Chance’, Stocks Near Record Highs | The Opening Trade 8/4/2026

Stock indexes extended gains as investors focused on corporate earnings following weeks of volatile trading. Iran indicated negotiations with Oman regarding shipping through the Strait of Hormuz were progressing. President Donald Trump said he had called off a major attack on Iran and characterized ongoing talks as the country's "last chance" for negotiations.

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