10:47 - 10.08.2026

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August 10, Fineko/abc.az. Unexpectedly weak U.S. employment data eased fears of further Federal Reserve rate hikes, triggering a sharp rally across global stock exchanges.

The S&P 500 capped its best weekly performance since April, touching a new record high. Meanwhile, the benchmark MSCI All Country World index gained 0.1%, and the MSCI Asia index climbed 0.6%, led by strong momentum in semiconductor stocks.

Market sentiment was also supported by hopes surrounding negotiations over the Strait of Hormuz. However, ongoing diplomatic friction and Brent crude's rise to $84.40 per barrel injected caution into equity trading. Global exchanges are now awaiting key U.S. inflation figures due later this week to gauge the future trajectory of interest rates.