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S&P 500 Hovers Near Record Highs on US-Iran Hopes

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Aug 11th, 2026 S&P 500 Hovers Near Record Highs on US-Iran Hopes Stocks traded near all-time highs and bonds rose as hopes for a deal to revive the Strait of Hormuz trimmed a rally in oil prices. Eric Freedman, CIO at Northern Trust, discusses the current market landscape.

Aug 11th, 2026 S&P 500 Hovers Near Record Highs on US-Iran Hopes Stocks traded near all-time highs and bonds rose as hopes for a deal to revive the Strait of Hormuz trimmed a rally in oil prices. Eric Freedman, CIO at Northern Trust, discusses the current market landscape.
US (LOCATION) the Strait of Hormuz (LOCATION) Eric Freedman (PERSON) CIO (ORG) Northern Trust (ORG)
Originally published by Bloomberg Markets Read original →