{"id":313688,"date":"2026-08-04T19:41:15","date_gmt":"2026-08-04T19:41:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/313688\/"},"modified":"2026-08-04T19:41:15","modified_gmt":"2026-08-04T19:41:15","slug":"stocks-rally-as-investors-grow-hopeful-about-a-hormuz-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/313688\/","title":{"rendered":"Stocks Rally as Investors Grow Hopeful About a Hormuz Deal"},"content":{"rendered":"<p class=\"css-aa8b97-Paragraph-baseStyles-paragraphTreatmentStyles-print evys1bk0\">U.S. stock markets traded at record highs on Tuesday and oil prices fell below $80 a barrel as investors were hopeful that a lull in fighting in the Middle East would hold and that corporate earnings would remain robust.<\/p>\n<p class=\"css-aa8b97-Paragraph-baseStyles-paragraphTreatmentStyles-print evys1bk0\">Secretary of State Marco Rubio expressed optimism on Tuesday in <a class=\"css-bhdv0x-linkClass\" href=\"https:\/\/www.nytimes.com\/2026\/08\/04\/world\/middleeast\/strait-of-hormuz-deal-progress.html\" title=\"\" rel=\"nofollow noopener\" target=\"_blank\">negotiations to reopen the Strait of Hormuz<\/a>, a crucial passageway through which a fifth of the world\u2019s crude oil is normally shipped. There had been \u201cprogress in talks,\u201d he said, \u201cbut not finality yet.\u201d<\/p>\n<p class=\"css-aa8b97-Paragraph-baseStyles-paragraphTreatmentStyles-print evys1bk0\">The foreign ministry spokesman for Qatar, which has mediated discussions between Iran and the United States in the past, said the talks were in \u201cvery progressive stages.\u201d<\/p>\n<p class=\"css-aa8b97-Paragraph-baseStyles-paragraphTreatmentStyles-print evys1bk0\">The comments buoyed Wall Street sentiment, which was bolstered further by strong earnings from large tech companies with a heavy involvement in artificial intelligence, including Amazon, Microsoft and Palantir.<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. stock markets traded at record highs on Tuesday and oil prices fell below $80 a barrel as&hellip;\n","protected":false},"author":2,"featured_media":313689,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5292,14670,9,24,63,5007,5291,61873,134,136,135,1724],"class_list":["post-313688","post","type-post","status-publish","format-standard","has-post-thumbnail","category-staten-island","tag-fees-and-rates","tag-iran","tag-new-york","tag-new-york-city","tag-nyc","tag-oil-petroleum-and-gasoline","tag-prices-fares","tag-standard-poors-500-stock-index","tag-staten-island","tag-staten-island-headlines","tag-staten-island-news","tag-stocks-and-bonds"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/313688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=313688"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/313688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/313689"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=313688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=313688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=313688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}