Singapore stocks end higher, led by Yangzijiang Shipbuilding; STI up 1.1%
Singapore stocks ended higher on Friday (Aug 7).
The benchmark Straits Times Index (STI) gained 1.1 per cent or 59.44 points to finish at 5,698.43.
Yangzijiang Shipbuilding : BS6 +6.6% led the gainers on Singapore’s blue-chip index, rising 6.6 per cent or S$0.26 to S$4.20.
The worst performer among STI constituents was CapitaLand Investment : 9CI -2.18%, which fell 2.2 per cent or S$0.06 to S$2.69.
The three local banks ended mixed on Friday. DBS : D05 +1.66% rose 1.7 per cent or S$1.25 to S$76.33 and OCBC : O39 +3.31% was up 3.3 per cent or S$0.97 at S$30.30. Meanwhile, UOB : U11 -0.64% finished 0.6 per cent or S$0.28 lower at S$43.30...
Across the broader market, gainers outnumbered losers 294 to 267, after one billion securities worth S$2.6 billion changed hands.
Yangzijiang Shipbuilding was the most actively traded stock on the STI with 53.2 million shares changing hands. DBS was the most actively traded stock in terms of value, with a volume of 6.8 million shares and a value of S$515.5 million.
Key regional indices were mixed. Hong Kong’s Hang Seng Index gained 0.5 per cent, while Japan’s Nikkei 225 fell 0.1 per cent, South Korea’s Kospi was down 0.6 per cent and the FTSE Bursa Malaysia KLCI declined 0.1 per cent.
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-led-yangzijiang-shipbuilding-sti-1-1
Singapore stocks ended higher on Friday (Aug 7).
The benchmark Straits Times Index (STI) gained 1.1 per cent or 59.44 points to finish at 5,698.43.
Yangzijiang Shipbuilding : BS6 +6.6% led the gainers on Singapore’s blue-chip index, rising 6.6 per cent or S$0.26 to S$4.20.
The worst performer among STI constituents was CapitaLand Investment : 9CI -2.18%, which fell 2.2 per cent or S$0.06 to S$2.69.
The three local banks ended mixed on Friday. DBS : D05 +1.66% rose 1.7 per cent or S$1.25 to S$76.33 and OCBC : O39 +3.31% was up 3.3 per cent or S$0.97 at S$30.30. Meanwhile, UOB : U11 -0.64% finished 0.6 per cent or S$0.28 lower at S$43.30...
Across the broader market, gainers outnumbered losers 294 to 267, after one billion securities worth S$2.6 billion changed hands.
Yangzijiang Shipbuilding was the most actively traded stock on the STI with 53.2 million shares changing hands. DBS was the most actively traded stock in terms of value, with a volume of 6.8 million shares and a value of S$515.5 million.
Key regional indices were mixed. Hong Kong’s Hang Seng Index gained 0.5 per cent, while Japan’s Nikkei 225 fell 0.1 per cent, South Korea’s Kospi was down 0.6 per cent and the FTSE Bursa Malaysia KLCI declined 0.1 per cent.
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-led-yangzijiang-shipbuilding-sti-1-1
The Business Times
Singapore stocks end higher, led by Yangzijiang Shipbuilding; STI up 1.1%
The shipbuilder is also the most actively traded stock on the benchmark index, with 53.2 million shares changing hands Read more at The Business Times.
❤1
ST Engineering bags new contracts worth S$2.9 billion in Q2 2026
https://www.businesstimes.com.sg/companies-markets/st-engineering-bags-new-contracts-worth-s2-9-billion-q2-2026
https://www.businesstimes.com.sg/companies-markets/st-engineering-bags-new-contracts-worth-s2-9-billion-q2-2026
The Business Times
ST Engineering bags new contracts worth S$2.9 billion in Q2 2026
Its digital systems business wins counter-drone and video intelligence contracts Read more at The Business Times.
Stocks making the biggest moves premarket: Atlassian, Wendy's, Vista & more
https://www.cnbc.com/2026/08/07/stocks-making-the-biggest-moves-premarket-atlassian-corporation-wendys-vista-corp-first-solar-airbnb-more.html?__source=androidappshare
https://www.cnbc.com/2026/08/07/stocks-making-the-biggest-moves-premarket-atlassian-corporation-wendys-vista-corp-first-solar-airbnb-more.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Atlassian Corporation, Wendy's, Vista Corp, First Solar, Airbnb & more
These are the stocks posting the largest moves premarket.
#USMarketUpdate
S&P 500 rises as it wraps up banner week with traders seeing bright side of dismal jobs report:
Live updates
The S&P 500 rose on Friday as traders interpreted an unexpected loss of jobs in July as meaning the Federal Reserve won’t need to raise interest rates soon and can leave monetary policy on hold for now.
https://www.cnbc.com/2026/08/06/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 rises as it wraps up banner week with traders seeing bright side of dismal jobs report:
Live updates
The S&P 500 rose on Friday as traders interpreted an unexpected loss of jobs in July as meaning the Federal Reserve won’t need to raise interest rates soon and can leave monetary policy on hold for now.
https://www.cnbc.com/2026/08/06/stock-market-today-live-updates.html?__source=androidappshare
CNBC
S&P 500 futures are little changed as traders await big jobs report: Live updates
Wall Street is coming off a losing session as the July jobs report looms.
#Soloway
The jobs report was a shocker: the economy lost 23,000 jobs against roughly 83,000 expected, a miss of about 100,000. Unemployment actually fell — but only because people are leaving the workforce, with participation down 0.7% since January and prior months revised sharply lower. Wage growth is the slowest in years. Markets are surging anyway, because September hike odds just fell below 50% and this market is addicted to cheap money. On today's Trading Game Plan, Gareth Soloway maps the S&P's next resistance, the dollar breakdown nobody is discussing, and the Bitcoin breakout he called.
📐 TODAY'S GAME PLAN
🟢 SPY — Riding the breakout toward trend-line resistance near 7,833, about 120 points or 1.5% away. Gareth turns more neutral there; clear it and 8,000 to 8,100 is the next leg.
🔴 DXY — Collapsed on the data and is piercing a major trend line. The kicker: the US sold euros to buy yen in the coordinated intervention, so dumping dollars adds fuel to the decline. Bullish for gold, silver, and Bitcoin.
🔵 10-YR YIELD — Dropped to 4.6%, reversing the prior day's move. FedWatch now shows 56% odds of no hike at the September 16 meeting.
🟢 BITCOIN — Breaking out of its down-sloping wedge exactly like gold did, now above $65K. First resistance near $67K, then $71K and potentially $77K. A big near-term bull, though he still does not think the bear-market bottom is in.
🟢 GOLD — Another blast off after the breakout candle and pause day, hitting first resistance near $4,375 off a pivot low and base plate. The first real test of the bull move.
🔵 SILVER — Through the first trend line and into the second. It needs a confirmed daily close above $64 to turn Gareth bullish; until then he is neutral to expecting a pullback.
🟢 TEAM — Atlassian rips about 30% after being written off as an AI casualty, from a $57 low yesterday to nearly $150. Day-trade short zone only, up at $167–$176. Structure looks like a cup and handle.
🟢 ABNB — Airbnb pops as the AI-kills-booking thesis fails to materialize. Day-trade short at the $170 pivot high, about $9 above price.
🔴 TTD — Missed earnings and revenue, lowered guidance, down about 30% to 2018 levels from $141 in late 2024. Gareth held a small position into the print and is dollar-cost averaging. Day trade near $12. Still profitable with $1.5B cash on a $6B cap, but management fumbled this badly.
🟢 TWLO — Big pop with room to run. Gareth would swing short near $275–$276 at the inside pivot.
🔴 MSFT — On his radar as a swing short at the $507–$512 gap fill, lining up with the 0.786 fib retrace from the all-time high.
🔵 US OIL / NATGAS — Oil pulls back, which helps the market. Natural gas catches a solid bid, up about 1.75%, without quite reaching his level.
🔑 KEY TAKEAWAY: Bad news is good news when rates are the driver. Weak jobs data would normally sink stocks, but lower hike odds mean cheaper money — and until that breaks, the market rejoices at weakness.
⏱ TIMESTAMPS (estimated)
00:00 Jobs Report Shocker: Minus 23,000
04:00 Why Unemployment Fell Anyway
08:00 FedWatch Swings to No Hike
11:00 S&P: The 7,833 Target
15:00 Dollar Pierces a Major Trend Line
19:00 Bitcoin Breaks Out Like Gold
22:00 Atlassian Rips 30%
26:00 Airbnb and The Trade Desk
32:00 Twilio and the Microsoft Short
35:00 Gold Hits First Resistance
38:00 Silver, Oil, Natural Gas
41:00 Wrap-Up
#StockMarket #Trading #JobsReport #Bitcoin #Gold #Silver #Atlassian #Airbnb #Microsoft #Yields #Fed #DayTrading #Investing
https://www.youtube.com/live/Ha7A-BX9zME?is=dPTX7usBcGTfzr1l
The jobs report was a shocker: the economy lost 23,000 jobs against roughly 83,000 expected, a miss of about 100,000. Unemployment actually fell — but only because people are leaving the workforce, with participation down 0.7% since January and prior months revised sharply lower. Wage growth is the slowest in years. Markets are surging anyway, because September hike odds just fell below 50% and this market is addicted to cheap money. On today's Trading Game Plan, Gareth Soloway maps the S&P's next resistance, the dollar breakdown nobody is discussing, and the Bitcoin breakout he called.
📐 TODAY'S GAME PLAN
🟢 SPY — Riding the breakout toward trend-line resistance near 7,833, about 120 points or 1.5% away. Gareth turns more neutral there; clear it and 8,000 to 8,100 is the next leg.
🔴 DXY — Collapsed on the data and is piercing a major trend line. The kicker: the US sold euros to buy yen in the coordinated intervention, so dumping dollars adds fuel to the decline. Bullish for gold, silver, and Bitcoin.
🔵 10-YR YIELD — Dropped to 4.6%, reversing the prior day's move. FedWatch now shows 56% odds of no hike at the September 16 meeting.
🟢 BITCOIN — Breaking out of its down-sloping wedge exactly like gold did, now above $65K. First resistance near $67K, then $71K and potentially $77K. A big near-term bull, though he still does not think the bear-market bottom is in.
🟢 GOLD — Another blast off after the breakout candle and pause day, hitting first resistance near $4,375 off a pivot low and base plate. The first real test of the bull move.
🔵 SILVER — Through the first trend line and into the second. It needs a confirmed daily close above $64 to turn Gareth bullish; until then he is neutral to expecting a pullback.
🟢 TEAM — Atlassian rips about 30% after being written off as an AI casualty, from a $57 low yesterday to nearly $150. Day-trade short zone only, up at $167–$176. Structure looks like a cup and handle.
🟢 ABNB — Airbnb pops as the AI-kills-booking thesis fails to materialize. Day-trade short at the $170 pivot high, about $9 above price.
🔴 TTD — Missed earnings and revenue, lowered guidance, down about 30% to 2018 levels from $141 in late 2024. Gareth held a small position into the print and is dollar-cost averaging. Day trade near $12. Still profitable with $1.5B cash on a $6B cap, but management fumbled this badly.
🟢 TWLO — Big pop with room to run. Gareth would swing short near $275–$276 at the inside pivot.
🔴 MSFT — On his radar as a swing short at the $507–$512 gap fill, lining up with the 0.786 fib retrace from the all-time high.
🔵 US OIL / NATGAS — Oil pulls back, which helps the market. Natural gas catches a solid bid, up about 1.75%, without quite reaching his level.
🔑 KEY TAKEAWAY: Bad news is good news when rates are the driver. Weak jobs data would normally sink stocks, but lower hike odds mean cheaper money — and until that breaks, the market rejoices at weakness.
⏱ TIMESTAMPS (estimated)
00:00 Jobs Report Shocker: Minus 23,000
04:00 Why Unemployment Fell Anyway
08:00 FedWatch Swings to No Hike
11:00 S&P: The 7,833 Target
15:00 Dollar Pierces a Major Trend Line
19:00 Bitcoin Breaks Out Like Gold
22:00 Atlassian Rips 30%
26:00 Airbnb and The Trade Desk
32:00 Twilio and the Microsoft Short
35:00 Gold Hits First Resistance
38:00 Silver, Oil, Natural Gas
41:00 Wrap-Up
#StockMarket #Trading #JobsReport #Bitcoin #Gold #Silver #Atlassian #Airbnb #Microsoft #Yields #Fed #DayTrading #Investing
https://www.youtube.com/live/Ha7A-BX9zME?is=dPTX7usBcGTfzr1l
YouTube
Jobs Report Shocker, Market Surge, S&P Nears Next Major Resistance, Bitcoin Breakout, Gold Surge
🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/products/apex-live-day-trading-room
🥊 CRYPTO COMBAT RETURNS TODAY at 1:30 PM ET — three traders, three $10,000 portfolios, 45 minutes of live crypto…
🥊 CRYPTO COMBAT RETURNS TODAY at 1:30 PM ET — three traders, three $10,000 portfolios, 45 minutes of live crypto…
No B.S. Just Charts.
Gareth #Soloway breaks down the Bitcoin breakout that is currently underway, walking through the down-sloping trend line off the all-time high, the confirmation level that decides whether this move is real, and exactly how high Bitcoin can run in the near term. He also covers Ethereum, Solana, XRP, and Cardano, reading each setup on the same technical framework.
On Bitcoin, Gareth explains why price climbing back above the multi-touch trend line is the positive he was waiting for, and why he still needs a daily close above $65,000 to confirm the breakout. He lays out the near-term resistance near $67,000, an upside target between $71,000 and $75,000, and why the same structure can be read as a cup and handle or a head and shoulders. Both point to near-term bullishness.
Gareth also addresses the timeframe question head on. He remains cautious on Bitcoin's larger cycle, with downside risk toward $50,000 or even $35,000 down the line, while playing the near-term bounce because probability favors it. He walks through where the setup fails and why knowing that line lets a trader step aside for a small loss.
On Ethereum, an inverse head and shoulders plus a bull flag. On Solana, a wedge and a possible cup and handle with $100 in view above $75. On XRP, the level to hold near $1.03 for a run toward $1.14 and beyond. On Cardano, the 21 to 22 cent level that decides the next move.
Gareth #Soloway is Chief Market Strategist at Verified Investing with roughly 30 years of trading experience.
Join Gareth's Top Squad:
https://youtu.be/wUgd32fX8U4?is=G1h_Fwj6DhRM0Kcl
Gareth #Soloway breaks down the Bitcoin breakout that is currently underway, walking through the down-sloping trend line off the all-time high, the confirmation level that decides whether this move is real, and exactly how high Bitcoin can run in the near term. He also covers Ethereum, Solana, XRP, and Cardano, reading each setup on the same technical framework.
On Bitcoin, Gareth explains why price climbing back above the multi-touch trend line is the positive he was waiting for, and why he still needs a daily close above $65,000 to confirm the breakout. He lays out the near-term resistance near $67,000, an upside target between $71,000 and $75,000, and why the same structure can be read as a cup and handle or a head and shoulders. Both point to near-term bullishness.
Gareth also addresses the timeframe question head on. He remains cautious on Bitcoin's larger cycle, with downside risk toward $50,000 or even $35,000 down the line, while playing the near-term bounce because probability favors it. He walks through where the setup fails and why knowing that line lets a trader step aside for a small loss.
On Ethereum, an inverse head and shoulders plus a bull flag. On Solana, a wedge and a possible cup and handle with $100 in view above $75. On XRP, the level to hold near $1.03 for a run toward $1.14 and beyond. On Cardano, the 21 to 22 cent level that decides the next move.
Gareth #Soloway is Chief Market Strategist at Verified Investing with roughly 30 years of trading experience.
Join Gareth's Top Squad:
https://youtu.be/wUgd32fX8U4?is=G1h_Fwj6DhRM0Kcl
YouTube
Bitcoin Breakout: The Best Setup I've Seen In Months
This video is sponsored by the Rumble Wallet. Use code VERIFIED5 for $5 in stablecoins. Trade crypto and gold, backed by physical assets: wallet.rumble.com/Verified
No B.S. Just Charts.
Gareth Soloway breaks down the Bitcoin breakout that is currently underway…
No B.S. Just Charts.
Gareth Soloway breaks down the Bitcoin breakout that is currently underway…
Greg Abel concentrates 63% of Berkshire's $355B portfolio in 5 stocks
https://finance.yahoo.com/markets/stocks/articles/greg-abel-concentrates-63-berkshires-172204305.html
https://finance.yahoo.com/markets/stocks/articles/greg-abel-concentrates-63-berkshires-172204305.html
Yahoo Finance
Greg Abel concentrates 63% of Berkshire's $355B portfolio in 5 stocks
Apple, American Express, Coca-Cola, Bank of America, and Alphabet together account for $222.3 billion of the conglomerate's holdings
SpaceX's big week: Stock jumps despite earnings storm, lock-up expiration in crucial test for investors
https://finance.yahoo.com/markets/stocks/article/spacexs-big-week-stock-jumps-despite-earnings-storm-lock-up-expiration-in-crucial-test-for-investors-131828277.html
https://finance.yahoo.com/markets/stocks/article/spacexs-big-week-stock-jumps-despite-earnings-storm-lock-up-expiration-in-crucial-test-for-investors-131828277.html
Yahoo Finance
SpaceX's big week: Stock jumps despite earnings storm, lock-up expiration in crucial test for investors
SpaceX closes out a pivotal week solidly in the green, with the stock fighting higher over the past five sessions after reporting its first earnings report as a public company and the largest share unlock in its brief trading history.
July jobs report live updates:
Labor Department says US unexpectedly lost 23,000 jobs, manufacturing hiring 'treading water'
Live updates
https://finance.yahoo.com/economy/live/july-jobs-report-live-updates-labor-department-says-us-unexpectedly-lost-23000-jobs-manufacturing-hiring-treading-water-113647147.html
Weak July jobs report helps case for Fed to hold rates but doesn't take hikes off the table
https://finance.yahoo.com/economy/policy/article/weak-july-jobs-report-helps-case-for-fed-to-hold-rates-but-doesnt-take-hikes-off-the-table-134001140.html
Labor Department says US unexpectedly lost 23,000 jobs, manufacturing hiring 'treading water'
Live updates
https://finance.yahoo.com/economy/live/july-jobs-report-live-updates-labor-department-says-us-unexpectedly-lost-23000-jobs-manufacturing-hiring-treading-water-113647147.html
Weak July jobs report helps case for Fed to hold rates but doesn't take hikes off the table
https://finance.yahoo.com/economy/policy/article/weak-july-jobs-report-helps-case-for-fed-to-hold-rates-but-doesnt-take-hikes-off-the-table-134001140.html
Yahoo Finance
July jobs report live updates: Labor Department says US unexpectedly lost 23,000 jobs, manufacturing hiring 'treading water'
Friday's jobs report shed light on the state of the labor market, with the federal government's payroll figures for July
Burger King vs. McDonald's: Why the king is reigning supreme in the US
https://finance.yahoo.com/markets/article/burger-king-vs-mcdonalds-why-the-king-is-reigning-supreme-in-the-us-133949992.html
https://finance.yahoo.com/markets/article/burger-king-vs-mcdonalds-why-the-king-is-reigning-supreme-in-the-us-133949992.html
Yahoo Finance
Burger King vs. McDonald's: Why the king is reigning supreme in the US
BK is taking MCD to school.
Big Tech is borrowing its way through the AI boom:
#Chart of the Day
https://finance.yahoo.com/markets/article/big-tech-is-borrowing-its-way-through-the-ai-boom-chart-of-the-day-100000605.html
#Chart of the Day
https://finance.yahoo.com/markets/article/big-tech-is-borrowing-its-way-through-the-ai-boom-chart-of-the-day-100000605.html
Yahoo Finance
Big Tech is borrowing its way through the AI boom: Chart of the Day
Alphabet is borrowing at a historic pace — and it isn't alone.
Tech stocks today:
Shares climb after rocky week
Live updates
https://finance.yahoo.com/technology/live/tech-stocks-today-shares-climb-after-rocky-week-140419479.html
Shares climb after rocky week
Live updates
https://finance.yahoo.com/technology/live/tech-stocks-today-shares-climb-after-rocky-week-140419479.html
Yahoo Finance
Tech stocks today: Shares climb after rocky week
Tech stocks coverage for the week of Aug. 3.
#Earnings live updates:
The Trade Desk stock plummets on earnings miss, Oklo jumps on 'criticality' milestone
Live updates
Earnings continue to roll in, driving the stock market to new highs.
On Friday, Vistra Corp. (VST), Take-Two Interactive Software (TTWO), Oklo (OKLO), Under Armour (UA), and Wendy's (WEN) report to cap a busy week of reports.
Overall, it's shaping up to be a strong earnings season for the S&P 500 (^GSPC).
According to FactSet data, analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 47.5% — surging past the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive quarter of earnings growth above 20% for the index and the seventh straight quarter of double-digit growth.
https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html
The Trade Desk stock plummets on earnings miss, Oklo jumps on 'criticality' milestone
Live updates
Earnings continue to roll in, driving the stock market to new highs.
On Friday, Vistra Corp. (VST), Take-Two Interactive Software (TTWO), Oklo (OKLO), Under Armour (UA), and Wendy's (WEN) report to cap a busy week of reports.
Overall, it's shaping up to be a strong earnings season for the S&P 500 (^GSPC).
According to FactSet data, analysts estimate the year-over-year S&P 500 earnings growth rate for the second quarter will be 47.5% — surging past the five-year average of 16.4% and the 10-year average of 10.3%.
If that holds, it will mark the second consecutive quarter of earnings growth above 20% for the index and the seventh straight quarter of double-digit growth.
https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html
Yahoo Finance
Earnings live updates: Marriott stock falls as Middle East drags, Trump brothers-backed American Bitcoin swings to loss
Earnings continue to be the market's engine, and a series of results this week from Palantir, SpaceX, and AMD are set to rev up stocks again.
#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq rise after July jobs report surprises to the downside
Live updates
US stocks glided higher as investors digested a surprise decline in job growth and its implications for the Federal Reserve's interest rate policy decisions.
Attention turned to the July jobs report, which showed the US economy unexpectedly lost 23,000 jobs, while the unemployment rate ticked down slightly to 4.1%. Economists surveyed by Bloomberg expected 80,000 jobs to be added and unemployment to be 4.2% in the month.
While discussions around inflation and furious AI investment have overshadowed the largely stable labor market in recent months, Friday's weaker-than-expected report was expected to give the Federal Reserve pause over the possibility of a rate hike at its next meeting.
https://finance.yahoo.com/markets/live/stock-market-today-friday-august-7-nasdaq-dow-sp-500-july-jobs-report-surprises-100009572.html
Stock market today: Dow, S&P 500, Nasdaq rise after July jobs report surprises to the downside
Live updates
US stocks glided higher as investors digested a surprise decline in job growth and its implications for the Federal Reserve's interest rate policy decisions.
Attention turned to the July jobs report, which showed the US economy unexpectedly lost 23,000 jobs, while the unemployment rate ticked down slightly to 4.1%. Economists surveyed by Bloomberg expected 80,000 jobs to be added and unemployment to be 4.2% in the month.
While discussions around inflation and furious AI investment have overshadowed the largely stable labor market in recent months, Friday's weaker-than-expected report was expected to give the Federal Reserve pause over the possibility of a rate hike at its next meeting.
https://finance.yahoo.com/markets/live/stock-market-today-friday-august-7-nasdaq-dow-sp-500-july-jobs-report-surprises-100009572.html
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq jump to cap winning week as Fed rate hike fears fade
Wall Street awaited the July jobs report for a fresh picture of the labor market.
While You Were Sleeping: 5 stories you might have missed, Aug 8, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-8-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-8-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, Aug 8, 2026
While You Were Sleeping: 5 stories you might have missed, Aug 8, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
US expects deal soon on Strait of Hormuz; Sunni powers unite in defence pact
https://www.straitstimes.com/world/middle-east/us-expects-deal-soon-on-strait-of-hormuz-sunni-powers-unite-in-defense-pact
https://www.straitstimes.com/world/middle-east/us-expects-deal-soon-on-strait-of-hormuz-sunni-powers-unite-in-defense-pact
The Straits Times
US expects deal soon on Strait of Hormuz; Sunni powers unite in defense pact
WASHINGTON/RIYADH, Aug 7 - A U.S. official on Friday reported progress between Iran and Oman that could soon reopen the Strait of Hormuz, potentially restoring oil exports that have been disrupted by the five-month-old U.S. war with Iran. Read more at straitstimes.com.…
#USMarketUpdate
S&P closes at record high as soft jobs report eases rate-hike concerns | Reuters
SUMMARY
Atlassian surges after Q4 profit, revenue beat
All three indexes record their biggest weekly percentage gains since April
July nonfarm payrolls at -23,000 versus +80,000 estimate
Indexes up: Dow 0.28%, S&P 500 0.62%, Nasdaq 1.3%
NEW YORK, Aug 7 (Reuters) - U.S. stocks advanced on Friday, with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the U.S. economy unexpectedly shed jobs last month and dampened expectations the Federal Reserve would raise interest rates at its September meeting.
The Labor Department said nonfarm payrolls decreased by 23,000 jobs last month, well below the estimate of economists polled by Reuters that called for an increase of 80,000 jobs.
Previously reported job gains for the prior two months were also revised sharply lower, while the unemployment rate fell to 4.1% last month from 4.2% in June due to workers leaving the labor force.
https://www.reuters.com/business/sp-500-dow-futures-muted-ahead-jobs-data-chips-software-stocks-rise-2026-08-07/
S&P closes at record high as soft jobs report eases rate-hike concerns
https://www.straitstimes.com/business/companies-markets/sp-closes-at-record-high-as-soft-jobs-report-eases-rate-hike-concerns
S&P closes at record high as soft jobs report eases rate-hike concerns | Reuters
SUMMARY
Atlassian surges after Q4 profit, revenue beat
All three indexes record their biggest weekly percentage gains since April
July nonfarm payrolls at -23,000 versus +80,000 estimate
Indexes up: Dow 0.28%, S&P 500 0.62%, Nasdaq 1.3%
NEW YORK, Aug 7 (Reuters) - U.S. stocks advanced on Friday, with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the U.S. economy unexpectedly shed jobs last month and dampened expectations the Federal Reserve would raise interest rates at its September meeting.
The Labor Department said nonfarm payrolls decreased by 23,000 jobs last month, well below the estimate of economists polled by Reuters that called for an increase of 80,000 jobs.
Previously reported job gains for the prior two months were also revised sharply lower, while the unemployment rate fell to 4.1% last month from 4.2% in June due to workers leaving the labor force.
https://www.reuters.com/business/sp-500-dow-futures-muted-ahead-jobs-data-chips-software-stocks-rise-2026-08-07/
S&P closes at record high as soft jobs report eases rate-hike concerns
https://www.straitstimes.com/business/companies-markets/sp-closes-at-record-high-as-soft-jobs-report-eases-rate-hike-concerns
Singapore sketched: An illustrated tour of the sunny island
https://www.straitstimes.com/singapore/singapore-sketched-an-illustrated-tour-of-the-sunny-island
https://www.straitstimes.com/singapore/singapore-sketched-an-illustrated-tour-of-the-sunny-island
The Straits Times
Singapore sketched: An illustrated tour of the sunny island
Singapore turns 61 with a population of 6.11 million living in 24 towns and three estates. Each is designed with features to reflect its history. via @straits_times str.sg/viz-sgtowns
Marks of a nation: 61 years of design in Singapore
https://www.straitstimes.com/multimedia/marks-of-a-nation-61-years-of-design-in-singapore
https://www.straitstimes.com/multimedia/marks-of-a-nation-61-years-of-design-in-singapore
The Straits Times
The designs that made Singapore
From the POSB logo to Zouk flyers and defence advertisements, writer and researcher Justin Zhuang’s Singapore Graphic Archives is preserving the visual language that shaped generations of Singaporeans. via @straits_times str.sg/viz-sgarchive
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