Hormuz Deal Remains Elusive, Stocks Hold Near Record Highs | The Opening Trade 8/10/2026

Bloomberg Markets•Mon, Aug 10, 2026, 12:40 PM•2 min read

Stocks traded near record highs, with Asian shares mirroring Friday’s gains on Wall Street after weak US jobs data curbed bets on Federal Reserve interest-rate hikes. Oil traded around $83 a barrel as a deal to reopen the Strait of Hormuz remained elusive.

An agreement with Oman to establish a...

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-10/the-opening-trade-8-10-2026-video)

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