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Stocks Waver Near Record Highs, Crude Oil Advances: Markets Wrap

Bloomberg Markets·August 9, 2026·1 min read

Stocks paused near record highs as traders await the next US data print, with bets on Federal Reserve interest-rate hikes easing. Oil passed $84 a barrel as a deal to reopen the Strait of Hormuz remained elusive. Markets showed mixed sentiment with crude advancing while equities held steady.

Read at Bloomberg Markets
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