Stocks Rise at Start of CPI Week; Iran's Hormuz Deal Elusive | Bloomberg Brief 08/10/2026
US equity futures rally after the payrolls report showed a sharp slowdown in the labor market, driving stocks to a fresh record high. Oil advances as Iran's accord with Oman on the Hormuz shipping route remains elusive. TSMC posts a 45% rise in monthly sales amid strong demand for AI hardware. Thierry Wizman of Macquarie Group looks ahead to the inflation data. (Source: Bloomberg)
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