*Walter Bloomberg
*Walter Bloomberg|Aug 07, 2026 09:42
WALL STREET HEADS FOR BEST WEEK IN MONTHS US stocks are on track for their strongest week in months, fueled by a rebound in AI stocks, strong earnings and hopes for a Strait of Hormuz deal. The S&P 500 is up 2.9% this week, while the Dow has gained 2.7%. The Nasdaq is outperforming with a 3.8% rise. Previously beaten-down tech names also surged, with Coherent jumping 27% and Lumentum gaining 17%.(*Walter Bloomberg)
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