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Commodities· August 04, 2026 at 07:27 AM

Most stock markets gain, while oil prices edge up after latest plunge

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
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AI summary

Stocks mostly rose Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on Wall Street, while oil prices edged up after their recent plunge with Donald Trump and Iran giving conflicting views on peace talks.Oil prices rose around one percent briefly, having plunged five percent Monday, on hopes for a US-Iran deal to reopen the Strait of Hormuz.

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