How US-Iran De-Escalation and Oil Crash Drove a Mixed Global Market — Market Wrap Aug 3, 2026

7horns.ai Daily Briefing EN · Aug 3, 2026 · 4m

Today's AI insights from 7horns.ai reveal a mixed global market on August 3, 2026, with the US-Iran de-escalation fueling a Wall Street rally while Asian markets diverged sharply. The S&P 500 futures gained nearly 0.5%, with the Nasdaq 100 and Dow Jones proxies also rising pre-market. This optimism followed weekend geopolitical easing, which crushed crude oil prices by over 5.6%, dropping US crude to around $80 a barrel. Meanwhile, Asia saw a sharp 5% fall in South Korea's Kospi, hit by a semiconductor selloff, while Japan's Nikkei declined 1% amid yen strength from US-Japan currency…