Shares of industrial and transportation companies fell amid fears of wholesale inflation.
Iran's deal with Oman to reopen the Strait of Hormuz could exclude U.S. craft, Bloomberg News reported. Fears that the deal would fail to fully reopen the key energy route caused a spike in oil futures. Hopes for an end to the energy crisis had spurred industrial activity and factory stocks in recent weeks.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
August 06, 2026 17:48 ET (21:48 GMT)
