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Bloomberg

BusinessBloomberg·Aug 5, 2026·1 min read

Stocks Hit Records on AI Trade, Iran Deal Prospect | The Opening Trade 8/5/2026

Global stocks climbed to a record as hopes rose for a US-Iran deal to open the Strait of Hormuz, while investors renewed bets on the artificial intelligence trade, driving gains in chipmakers. S&P 500 futures rose after the index hit…

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