Market Open: Stocks Mostly Lower, Oil Rises, Intel Falls On Share Sale 8-10-2026

I'm Peter Shack now, CNBC. Stocks have opened mostly lower after Iran said the US must still satisfy several of its demands before the straight of Hormuz could reopen. That's also helped push the price of oil up about 2% today.The Dow Jones Industrial Average is 78 points lower at 53,959. The S&P 500 right at break even. The Nasdaq Composite a tenth of a percent lower or 29 points.Francisco Blanch, head of commodities and derivatives at Bank of America, says as long as restrictions at the Straight of Hormuz ...