U.S. stock futures rise, oil prices climb due to uncertainty over the Strait of Hormuz
2026-08-07 20:26:41
According to CoinMeta, and as reported by Bloomberg, U.S. stock market futures saw a slight increase before the release of the July employment report. Oil prices rose due to Iranian legislators stating that they would seek to ban U.S. and Israeli vessels from entering the Strait of Hormuz as part of an agreement to re-open the waterway. Gravitee discussed the security risks of the AI model "getting out of control," while Natixis provided outlooks for the U.S. employment report.
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Source:Bloomberg
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