Stocks Rise on Earnings and Hopes for Hormuz Deal

0 August 5, 2026 14:00

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.
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