---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000836430.md"
description: "The S&P500 closed with a new record high as tech stocks lead the rally. Sg STI on the other hand, has fallen for the 4th consecutive day, losing more than 1.7% as banks cool down ahead of their earnings. Oil starts to drop with peaceful talks happening over the past week with lesser known attacks."
datetime: "2026-08-05T04:57:14.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000836430.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000836430.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000836430.md)
author: "[NewUser_CkrdqW ](https://longbridge.com/en/profiles/16451694.md)"
generator: "portal-rs"
---

# The S&P500 closed with a new record high as te…


### Related Stocks

- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md)
- [STI.US](https://longbridge.com/en/quote/STI.US.md)
- [STI.SG](https://longbridge.com/en/quote/STI.SG.md)

## Comments (1)

- **Louis_t · 2026-08-05T08:39:08.000Z**: oil is the bessent headline, he said a hormuz reopening deal could land this week. brent already down about 10% on the week


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**