S&P 500 Hits All-Time High on Strait of Hormuz Reopening Hopes

글로벌 시장 | Wed Aug 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 6 sources

New York's three major indices reached record highs on tentative US-Iran deal expectations and strong earnings, while Burry warned of a 1987-style crash.

Analysis

[S&P 500] closed at 25th all-time high of 2026 ^[1]^[5]

Broke through to new high after 42 days
Easing geopolitical tensions drove the rally
First record close since June

[New York's Three Major Indices] surged in unison on Strait of Hormuz reopening expectations ^[4]

Nasdaq Composite rose 2.59% to 26
585
S&P 500 gained 1.79% to 7
737
Dow Jones jumped 907 points to 54
086
Technology stocks up 4.20%
industrials up 3.42%

[US-Iran Negotiations] neared agreement on temporary reopening of Strait of Hormuz ^[3]^[4]

Treasury Secretary Bessent hinted at imminent deal
Iran-Oman negotiators reached temporary passage agreement
WTI crude plunged over 6% to $75.32 per barrel
Eased energy supply concerns

[Palantir Technologies] surged 30% on explosive growth ^[4]

Recorded explosive growth in the US market
Management referenced otherworldly growth
Caterpillar also rose 5.60% on record quarterly revenue
Reaffirmed robust AI demand

[Options Traders] concentrated on call option buying driven by FOMO ^[2]

Four consecutive trading days of sharp gains
Betting on bullish options for fear of missing the rally
Options buying further pushed indices higher

[Michael Burry] warned of 1987-style crash and maintained short positions ^[5]^[6]

Maintained short positions in SOXX ETF
Micron
Nvidia
Palantir
Tesla
Caterpillar
and Applied Materials
AI infrastructure demand based on unsustainable financial structure
Declining volatility triggers leverage expansion in vol-targeting funds
Only Nvidia short is losing money; others are profitable

S&P 500 Hits All-Time High on Strait of Hormuz Reopening Hopes

Analysis

Sources