SIB GLOBAL MARKETS WEEKLY BRIEF | 10 August 2026
Highlights U.S. equities advanced strongly during the week, with several major indexes reaching new highs as resilient corporate earnings, renewed enthusiasm for artificial intelligence (AI)-related stocks, and optimism over a potential reopening of the Strait of Hormuz supported risk appetite. The Nasdaq Composite led the gains, surging 5.12% and posting its strongest weekly performance since…