US stock markets today (May 7, 2026): Wall Street holds near record highs as oil prices tumble on Iran deal hopes – The Times of India
US stock markets hovered near record highs on Thursday as oil prices extended losses amid rising optimism over a possible agreement between the United States and Iran that could reopen the Strait of Hormuz and restore crude shipments from the Persian Gulf, AP reported.The S&P 500 added 0.1 per cent, extending gains after hitting an…