Stocks Churn & Oil Rallies as Hormuz Standoff Enters New Week | Closing Bell
Community Score: 50% | 2.0K views | 6d
0 community ratings: null thumbs up, null thumbs down
Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with David Gura, Isabelle Lee, Norah Mulinda and Tim Stenovec. A rally in oil prices left stocks wavering while bond yields climbed, with trader anxiety building just days ahead of key inflation reports. The lack of a deal to revive the Strait of Hormuz drove Brent crude above $87. Higher energy costs stoked concerns the Federal Reserve will have to raise rates this year despite a labor-market slowdown. Most shares in the S&P 500 fell. Nvidia Corp. sank on news reports that Wall Street giants are working with the chipmaker on a $500 billion AI funding package. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtR
Tags: Carol Massar, David Gura, Isabelle Lee, Norah Mulinda, Scarlet Fu, Tim Stenovec
More from Bloomberg Podcasts
- Follow the Money All the Way to Carney's Canada — Score: 50%
- Daybreak Weekend: US CPI, Europe Energy, RBA Decision | Bloomberg Daybreak: Europe Edition — Score: 50%
- Bloomberg Money: Credit Card Indicators and Golf's Changing Fanbase | Bloomberg Intelligence — Score: 50%
- We hear you! | Bloomberg Hot Pursuit! — Score: 50%
- Bloomberg Businessweek Weekend - August 7th, 2026 | Bloomberg Businessweek — Score: 50%
- Team Favorite: AI-Era Internet, Spaceport Investment, Bolivia’s Investability | Wall Street Week — Score: 50%