Market reports from ShareCast
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US open: Stocks hit fresh highs as earnings strength fuels ongoing rally
Wed 05 August 2026 15:20
(Sharecast News) - Both the S&P 500 and Dow Jones pushed to fresh record highs on Wednesday morning, extending their recent rally as investors digested another round of upbeat earnings and grew more optimistic about a near‑term reopening of the Strait o
London midday: FTSE turns lower as HSBC, Prudential tank
Wed 05 August 2026 11:16
(Sharecast News) - London stocks had fallen into the red by midday on Wednesday as Asia-focused Prudential and HSBC tumbled, while oil was off highs on hopes of a US-Iran agreement to reopen the vital Strait of Hormuz.
Asia report: Stocks jump as oil prices drop, inflation risks ease
Wed 05 August 2026 09:14
(Sharecast News) - Equity markets across Asia jumped on Wednesday as oil prices stabilised at a four-week low amid increased hopes that the US and Iran will soon agree a deal to fully reopen the Strait of Hormuz, with tech stocks in demand.
London open: Stocks gain amid hopes of Hormuz reopening; Next surges
Wed 05 August 2026 07:59
(Sharecast News) - London stocks rose in early trade on Wednesday amid hopes of a US-Iran agreement to reopen the vital Strait of Hormuz, with Next the star performer after the retailer lifted guidance again.
Europe open: Stoxx hits record again on hopes of Hormuz reopening
Wed 05 August 2026 07:43
(Sharecast News) - European shares touched record highs again on Wednesday continuing their rally this week, with new Wall Street highs also boosting momentum on the back of optimism that the US and Iran could make some progress on peace talks.