Business · MarketWatch

Stock Market Today: Dow surges 600 points toward a record high, S&P 500 and Nasdaq also rise; oil prices, Treasury yields fall on signs of U.S.-Iran war de-escalation; Palantir earnings on tap

On August 3, 2026, the stock market witnessed a significant surge with the Dow rising by 600 points, approaching record highs. The S&P 500 and Nasdaq also saw gains, while oil prices and Treasury yields decreased amid signs of de-escalation in the U.S.-Iran conflict. Key highlights included a positive start to the month for major indexes, a rally in Bitcoin despite token sales, and notable performances in communication services and consumer discretionary sectors. Market analysts discussed whether the worst of the stock market turbulence is over, highlighting the equal-weighted S&P 500's strong July performance compared to the Nasdaq-100.

Author

Newsroom Staff

Source

MarketWatch

Published

Monday, August 3, 2026

Time

11:22 AM EDT