How Major US Stock Indexes Fared Monday 8/10/2026
Intel fell 4.1% after saying it may sell $15 billion of stock, while Brent crude rose 5% on Strait of Hormuz uncertainty.
- On Monday, The Nasdaq and The Dow Jones Industrial Average closed lower as investors grew uneasy about reopening the Strait of Hormuz amid Middle East tensions.
- Uncertainty regarding the Middle East crisis pushed Brent crude up about 5 per cent to settle at US$82.13 a barrel, intensifying inflation concerns.
- Shares of Intel fell 4.1 per cent after the chipmaker announced plans to raise US$15 billion through a share sale to fund AI investments.
- According to the CME FedWatch tool, traders now price in a 52 per cent chance of a September rate hike, reflecting uncertainty over inflation and policy.
- Reports later this week could clarify the Federal Reserve's monetary policy path, while quarterly results from Applied Materials and Cisco will offer additional market signals.
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How major US stock indexes fared Tuesday 8/11/2026
U.S. stocks slipped a bit further from their records, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The S&P 500 fell 0.3% Tuesday and marked its second modest…
Richmond Times-Dispatch
News & RecordMarkets down as expectations of Hormuz deal fade
The Nasdaq and S&P 500 closed lower on Monday, with declines in Intel and other chipmakers, as investors became less confident about a deal to reopen the Strait of Hormuz.
The New York stock market fell as international oil prices surged 5% amid stalled negotiations to reopen the Strait of Hormuz. Intel dropped in the 4% range following the announcement of a $15 billion rights offering, while Nvidia also showed weakness amid reports of discussions regarding large-scale AI infrastructure investment. Although earnings from S&P 500 companies are solid, geopolitical risks are limiting the market's upward momentum.
Associated Press News
How major US stock indexes fared Monday 8/10/2026
The U.S. stock market slipped below its all-time high, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again.
US Stocks: Nasdaq ends down as expectations of Hormuz deal fade
The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel shares fell after the company announced plans for a large share sale. Traders are now less confident about a Federal Reserve interest rate hike. Strong corporate earnings results previously boosted the S&P 500 to a record high.
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