Iran reports progress on Hormuz agreement - Meta's assault on the market - Sandisk shines, but forecast slows growth - MercadoLibre continues to focus on growth despite margin pressure - AppLovin anticipates a rebound

On Wednesday, August 5, 2026, the US markets showed mixed results. The Dow Jones rose by 0.5% to 54,349 points, marking the third consecutive record close. In contrast, the S&P 500 fell by 0.2% to 7,724 points, and the Nasdaq Composite dropped by 0.8% to 26,363 points. Weaker technology stocks particularly weighed on the market, while oil prices remained relatively unchanged. Investors continued to await news regarding a potential agreement on the reopening of the Strait of Hormuz. The most noticeable price movements came from the technology...