Leave your feedback Share Copy URL https://eevb.net/video/r1gj4R7tUQm.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter LIVE: Stocks jump as oil retreats on hopes for Hormuz [HzR3Mr7VYoV] Health Updated on August 05, 2026 EDT — Published on August 05, 2026 EDT Dow, S&P 500, Nasdaq rise as Wall Street crosses fingers for Hormuz reopening Wall Street is keeping a close watch on developments in the Strait of Hormuz as the Middle East conflict enters its third week. Several tankers successfully transited the waterway over the weekend, injecting some hope into markets that the key conduit for crude supply might reopen. At the same time, President Trump put pressure on allies to join the US in breaking Iran's blockade of Hormuz, warning NATO faces a "very bad future" if they don't help. Futures for West Texas Intermediate (CL=F) and Brent (BZ=F) both topped $100 a barrel for the first time since 2022 in early trading on Monday. US benchmark WTI (CL=F) pulled back to trade at around $95 at last check, down over 3%, while Brent (BZ=F) held above $102, according to Bloomberg data. The impact of surging oil prices on inflation is in focus as Federal Reserve officials gather for their two-day policy meeting this week. Uncertainty around the fallout from the Iran war is seen as potentially deepening divisions with the central bank over the path forward on interest rates, though officials are expected to leave rates unchanged on Wednesday. On the corporate front, Nvidia’s (NVDA) annual GTC event kicks off Monday with a keynote speech from the AI chipmaker's CEO, Jensen Huang. Daily Market Coverage Mar. 16, 2026 9AM-11AM (ET) | Yahoo Finance == Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Connect with us: — Facebook: — X/Twitter: — Instagram: — TikTok: — LinkedIn: See the Latest News & Data: Get the Yahoo Finance App: — iOS ( — Android ( tJuzCvpwBB2 e44wnZOixqU GlOMymmi46x TRDof1uoZpz 2bsxXiuLeLo ywl5YhlnC3i oHMh2ru4jt6
Dow, S&P 500, Nasdaq rise as Wall Street crosses fingers for Hormuz reopening Wall Street is keeping a close watch on developments in the Strait of Hormuz as the Middle East conflict enters its third week. Several tankers successfully transited the waterway over the weekend, injecting some hope into markets that the key conduit for crude supply might reopen. At the same time, President Trump put pressure on allies to join the US in breaking Iran's blockade of Hormuz, warning NATO faces a "very bad future" if they don't help. Futures for West Texas Intermediate (CL=F) and Brent (BZ=F) both topped $100 a barrel for the first time since 2022 in early trading on Monday. US benchmark WTI (CL=F) pulled back to trade at around $95 at last check, down over 3%, while Brent (BZ=F) held above $102, according to Bloomberg data. The impact of surging oil prices on inflation is in focus as Federal Reserve officials gather for their two-day policy meeting this week. Uncertainty around the fallout from the Iran war is seen as potentially deepening divisions with the central bank over the path forward on interest rates, though officials are expected to leave rates unchanged on Wednesday. On the corporate front, Nvidia’s (NVDA) annual GTC event kicks off Monday with a keynote speech from the AI chipmaker's CEO, Jensen Huang. Daily Market Coverage Mar. 16, 2026 9AM-11AM (ET) | Yahoo Finance == Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Connect with us: — Facebook: — X/Twitter: — Instagram: — TikTok: — LinkedIn: See the Latest News & Data: Get the Yahoo Finance App: — iOS ( — Android ( tJuzCvpwBB2 e44wnZOixqU GlOMymmi46x TRDof1uoZpz 2bsxXiuLeLo ywl5YhlnC3i oHMh2ru4jt6