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The US stock market achieved a record high on August 5, 2026, driven by positive developments regarding the reopening of the Strait of Hormuz. Oil prices fell as US officials indicated progress in negotiations related to the waterway.
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The US stock market achieved a record high on August 5, 2026, driven by positive developments regarding the reopening of the Strait of Hormuz. Oil prices fell as US officials indicated progress in negotiations related to the waterway.
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US stock market hits record high amid hopes for Strait of Hormuz reopening
US Stock Market Reaches Record High as Oil Prices Decline