Live Markets: Wall Street indexes rise on Mideast hopes

Tyson Foods

03/08/2026 15:24

Main U.S. indexes all advance >1%
Comm Svcs leads S&P 500 sector gainers; Energy weakest group
Euro STOXX 600 index up ~0.5%
Dollar ~flat; gold edges down; bitcoin off modestly;  U.S. crude slides >6%
U.S. 10-year Treasury yield falls to ~4.68%
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WALL STREET INDEXES RISE ON MIDEAST HOPES
Wall Street's main indexes are rallying on Monday as oil prices fall on hopes for progress in the Middle East even though messaging from the U.S. and Iran was contradictory. The market showed little reaction to the latest economic data. 
After announcing plans for "massive attacks" on Iran, U.S. President Donald Trump canceled them at the last minute, saying that talks would take place that afternoon. However, Iran said on Monday there were no talks under way with the United States and no plans for any meetings.
On the data side, S&P Global's final manufacturing PMI for July came in at 53.9, up from its prior 53.8 reading. Then, Institute for Supply Management data showed that manufacturing activity increased to the highest level in more than four years in July as strong order growth boosted factory employment, although the Middle East conflict is straining supply chains and keeping input costs elevated.
Meanwhile, Federal Reserve Bank of New York President John Williams said he remained optimistic that inflation pressures are on track to ease gradually, but if they don’t, the U.S. central bank will not hesitate to respond with rate hikes to ensure price pressures return to target.
All this as investors wait for the next batch of high-profile earnings due out in the coming days from companies including SpaceX SPCX.O, Advanced Micro Devices AMD.O and Walt Disney DIS.N.
But Monday's reports left traders less than impressed with shares in hotel operator Marriott International MAR.O falling more than 6% after it forecast that its third-quarter profit would be below expectations.
Tyson Foods TSN.N shares fell in early trading but then edged up 0.3% in the regular session after it cut its annual profit forecast.
Here is your morning snapshot:
(Sinéad Carew)
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EARLIER ON LIVE MARKETS:
MOMENTUM REVERSES, BUT RETAINS ITS LEAD CLICK HERE
CHIP EARNINGS SIGNAL AUTOMOTIVE SEMICONDUCTOR RECOVERY CLICK HERE
DB SEES APPEAL IN SOFTWARE EVEN AS SHORT-UNWIND BOOST FADES CLICK HERE
FOR, AND AGAINST, FORWARD GUIDANCE CLICK HERE
CHINESE TECH MERITS A PLACE IN PORTFOLIOS, SAYS ACOMEA CLICK HERE
BROADLY IN THE GREEN CLICK HERE 
EUROPE BEFORE THE BELL: PEACE DEAL HOPES, AGAIN CLICK HERE
YEN'S TO-DO LIST GETS HARDER FROM HERE CLICK HERE
     

Wall Street indexes rise https://fingfx.thomsonreuters.com/gfx/mkt/zgvoelbxgvd/Pasted%20image%201785766633437.png
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