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Bloomberg

Stocks Rise on Earnings and Hopes for Hormuz Deal

Wednesday, August 5, 2026


The S&P 500 moved toward its longest winning streak since June following strong corporate earnings reports. President Donald Trump said a deal on the Strait of Hormuz is possible as early as Wednesday. Equities pared some earlier gains during the trading session.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-05/stocks-rise-on-earnings-and-hopes-for-hormuz-deal-video

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