Futures Hit Record High As Oil Tumbles After Bessent Says Hormuz May "Reopen Tomorrow"
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-08-04 22:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Trade & Sanctions, US Politics, Business & Economy, Technology
--------------------------------------------------------------------
Snippet:
S&P futures are trading at all time high with the latest push higher triggered by comments from Scott Bessent on CNBC who echoed Trump in saying that "we may have Iran deal tomorrow to open Hormuz" (or we may not). The Nasdaq also looks set to extend Monday’s gains: As of 8:00am ET, S&P futures are up 0.4% to an all time high of 7655 and Nasdaq futures rise 1.1%, as Palantir soared 16% pre-market after upping its forecasts, while
--------------------------------------------------------------------