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Asian Stocks Rise, Hormuz Lanes Closed, S&P Earnings Soar

8/10/2026

50 11 Full Breakdown

Summary

Story summary

Asian shares rose after a U.S. jobs report lowered borrowing-cost risk.
Iran said a deal with Oman on Strait of Hormuz lanes is underway, keeping the lanes closed and Brent crude at $84.04 a barrel (+0.6%) and U.S. crude at $78.56 (+0.5%).
Bank of America reported 90% of S&P 500 results, showing earnings per share up 30% and a 76% beat rate, the strongest since 2021.

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Story summary

Asian shares rose after a U.S. jobs report lowered borrowing-cost risk.
Iran said a deal with Oman on Strait of Hormuz lanes is underway, keeping the lanes closed and Brent crude at $84.04 a barrel (+0.6%) and U.S. crude at $78.56 (+0.5%).
Bank of America reported 90% of S&P 500 results, showing earnings per share up 30% and a 76% beat rate, the strongest since 2021.