Stock Market Today, Aug. 4: S&P 500 and Dow Set New Highs on Easing Geopolitical Tensions
Crude oil retreated amid diplomatic optimism over the Strait of Hormuz, as earnings strength lifted equities, today, Aug. 4, 2026.
Overview
The Nasdaq Composite (NASDAQINDEX:^IXIC) extended Monday's rally on cooling geopolitical tensions, rising 2.59% to 26,585. The S&P 500 (SNPINDEX:^GSPC) gained 1.79% to 7,737 to hit a record close, and the Dow Jones Industrial Average (DJINDICES:^DJI) climbed 1.71% to 54,086 after gaining 907 points.
Gold prices rose 1.01% to $4,075.26 as of U.S. market close, and the 10-Year Treasury yield slipped 0.07% to 4.61%. Most sectors finished in the green, with technology stocks up 4.20% and industrials up 3.42%, while only energy and utility stocks lagged.
Details
Palantir Technologies shares surged nearly 30% on explosive growth in the U.S. market, while Caterpillar finished the day up 5.60% after reporting record quarterly revenue. Space Exploration Technologies stock increased ahead of its inaugural earnings release, but fell in after-hours trading on mixed results. AdaptHealth slumped almost 40% following an earnings miss and a reduction in its full-year earnings guidance.
Source
Originally published at www.fool.com.