FOREX: Stronger US Jobs Report Fails to Sustain Dollar Optimism

IRAN'S DEPUTY FOREIGN MINISTER SAYS NO TALKS WITH U.S. HAVE BEEN HELD IN RECENT DAYS - [RTRS]

• IRAN'S DEPUTY FOREIGN MINISTER SAYS U.S. RETURNING TO ITS COMMITMENTS IN ISLAMABAD MOU IS A CONDITION, BUT NOT ENOUGH FOR THE REOPENING OF HORMUZ - IRNA

• "*IRAN: US SAID IN MESSAGES IT'S READY TO RETURN TO ITS PLEDGES" (BBG)
• "*GHARIBABADI SAYS IRAN RECEIVED MESSAGES FROM US: IRNA" (BBG)

• Carry-over optimism over an Hormuz Strait transit deal (or prospect of an outline), touted as imminent by the Trump administration over the last 24 hours - helped the DJIA and SPX emini indexes climb to new record highs in the first half (54744.33 and 7820.25 respectively).
• Sentiment gradually cooled as the day wore on with no announcement of a verified deal - the Nasdaq trading in the red at approximately 26500.0 after midday vs. 26739.0 high (still shy of early July record high of 27093.0).
• Indeed, Iran State TV even announced - that talks with Oman over the Hormuz Strait "are unrelated to immediate reopening" of the passage.
• A combination of Health Care and IT sector shares led advances early in the second half - support largely tied to better than expected earnings.
• Charles River Laboratories +10.93%, International Flavors & Fragrances +7.9%, Centene Corp +6.25%, Arista Networks Inc +4.7%, Amgen Inc +4.5%, NVIDIA Corp +4.5% and Eli Lilly & Co +3.5%.
• Conversely, Communication Services and Energy sectors retreated the latter as crude prices declined (slightly - WTI -.99 at $74.78/bbl), EOG Resources Inc -5.75%, Marathon Petroleum Corp -3.37%, Devon Energy Corp -2.95%, Diamondback Energy Inc -2.6%.