The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel shares fell after the company announced plans for a large share sale. Traders are now less confident about a Federal Reserve interest rate hike. Strong corporate earnings results previously boosted the S&P 500 to a record high.
from Economic Times https://ift.tt/bAeRWIS
from Economic Times https://ift.tt/bAeRWIS
US Stocks: Nasdaq ends down as expectations of Hormuz deal fade
![US Stocks: Nasdaq ends down as expectations of Hormuz deal fade]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
August 11, 2026
Rating:
No comments: