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Wall Street's Hot Streak Slows; Sandisk, Expedia & More Report | Closing Bell
Posted
August 5, 2026
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11:50Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.
Wall Street’s blistering run took a breather, with traders digesting the recent stock gains and monitoring any signs of progress toward a deal to revive the Strait of Hormuz.
Signs of exhaustion emerged after a rally that’s added $3.7 trillion to the S&P 500’s value in just four days. A gauge of chipmakers fell 1.4%, though Nvidia Corp. climbed. Despite a strong results, SpaceX sank 14% as $101 billion worth of stock becomes available for trading Thursday.
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