Commodities

US Stocks Slip Below Record Highs as Oil Prices Rise

Guavy AI Editorial Team Published August 10, 2026

Instruments

Oil

The US stock market slipped below its all-time high on Monday, while oil prices rose due to uncertainty about when the Strait of Hormuz would reopen.

The S&P 500 fell 0.1% after flipping between small gains and losses, coming off its record set on Friday.

Berkshire Hathaway was one of the strongest forces pushing upward on the S&P 500 index after delivering a stronger profit for the last quarter than analysts expected.

The Wire

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