Argus
•
Jul 08, 2026
Market Update: CMCSA, GAP
Sector(s)
Communication Services, Consumer Cyclical
Summary
The major stock indices are all lower at midday. Investors worldwide are reacting to developments in the war between the U.S. and Iran, with President Trump saying the ceasefire between the two countries is ‘over’ due to renewed attacks in the Strait of Hormuz. Crude oil is up 8% at $76 per barrel,
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