US Stocks Edge Down from Record as Oil Prices Surge

The US stock market experienced a slight decline from its all-time high on August 10, 2026. Oil prices rose by 5% due to uncertainty about when the Strait of Hormuz could reopen and resume global crude oil flow.

The S&P 500 slipped 0.1% from its record set on Friday. The Dow Jones Industrial Average dipped 60 points, or 0.1%, and the Nasdaq composite fell 0.3%. These declines were in line with expectations, considering the recent oil price surge.