Stocks fall ahead of Friday's US jobs data; oil gains on Iran concerns

By Caroline Valetkevitch NEW YORK, Aug 6 (Reuters) - Most major stock indexes eased on Thursday, ahead of Friday's key U.S. jobs report, while oil prices jumped on concerns about U.S. and Israeli access to the Strait of Hormuz. Iran's semi-official Fars news agency reported, citing a lawmaker, that an Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz.

Aug 7, 2026 - 05:00
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Stocks fall ahead of Friday's US jobs data; oil gains on Iran concerns
By Caroline Valetkevitch NEW YORK, Aug 6 (Reuters) - Most major stock indexes eased on Thursday, ahead of Friday's key U.S. jobs report, while oil prices jumped on concerns about U.S. and Israeli access to the Strait of Hormuz. Iran's semi-official Fars news agency reported, citing a lawmaker, that an Iranian parliamentary committee is reviewing a preliminary bill that would bar U.S., Israeli and other "hostile" vessels from transiting the Strait of Hormuz.

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