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At close · Mon, Aug 3, 2026
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HomeUS MarketsIndicesU.S. stocks hover near record highs amid Iran-war and…

U.S. stocks hover near record highs amid Iran-war and AI jitters

Traders are weighing energy-market risk from the Strait of Hormuz alongside concerns about how big planned artificial intelligence spending could affect corporate balance sheets.

U.S. stocks moved close to record highs as investors faced a tug-of-war between two competing forces, energy-market disruption fears tied to the Iran conflict and broader anxiety over the impact of large-scale artificial intelligence spending by companies.

The New York Times Business reports that market volatility has been fueled by disruptions risk in the Strait of Hormuz, even as major indexes have remained supported near peak levels.

At the same time, investors have been watching whether the pace and size of corporate AI investments could create pressure or uncertainty for businesses, contributing to a market that is staying near highs but not fully settling into a steady trend.

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