Macro Finance
Stocks Rise at Start of CPI Week; Iran's Hormuz Deal Elusive | Bloomberg Brief 08/10/2026
Bloomberg Markets·August 10, 2026·1 min read
US equity futures rallied after a payrolls report showed a sharp slowdown in the labor market, driving stocks to a fresh record high. Oil advanced as Iran's accord with Oman on the Hormuz shipping route remained elusive. TSMC posted a 45% rise in monthly sales amid strong AI hardware demand.
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