Hormuz Tensions, Tech Margin Pain, and Jobs Data

Markets face a tense open as rising Strait of Hormuz risks push Brent crude higher, while tech names like Sandisk and Western Digital get hit on margin pressure and weak guidance. The episode also previews key labor data, including July nonfarm payrolls, and breaks down how the results could shape bond yields, Fed expectations, and sector moves. Show Notes S&P 500 falls as oil prices pressure stocks; Dow drops more than 450 ...: https://www.cnbc.com/amp/2026/08/05/stock-market-today-live-updates.html