S&P 5007,723.55▼0.2% Nasdaq26,363.44▼0.8% Dow54,349.12▲0.5% Russell 2K3,019.19▼0.6% 10-Yr4.62%−1bp VIX15.81−0.69 WTI$75.12▼0.9% Gold$4,308.50▲5.2% EUR/USD1.156▲0.4% BTC$64,777▲0.3% Nikkei63,958▲0.3%
At close · Wed, Aug 5, 2026
Daily Market Updates.

US Markets

HomeUS MarketsIndicesNasdaq recovers from early declines as oil rises on Ho…

Nasdaq recovers from early declines as oil rises on Hormuz talks

Oil prices climbed amid discussions about reopening the Strait of Hormuz, helping lift markets after an early dip.

The Nasdaq recovered from early declines as intraday trading improved, according to WSJ Markets.

The shift coincided with strength in oil, which rose amid talks about reopening the Strait of Hormuz.

WSJ Markets linked the move in oil prices to the broader market tone during the session, with the Nasdaq turning higher after the initial weakness.

Latest closeNasdaq Comp. 26,363.44 ▼0.8%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.