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Associated Press53d agoneutral
How major US stock indexes fared Monday 8/3/2026

The Dow Jones Industrial Average added 1.3% to set a record of its own, and the Nasdaq composite climbed 2.1%. Brent crude’s price fell 4.7% after President Donald Trump said he would hold off on ordering new strikes against Iran. The Nasdaq composite rose 540.04 points, or 2.1%, to 25,913.90.

Stocks Rally as Oil Drops on Hormuz Diplomatic Hopes
The Wall Street Journal53d agobearish
Stocks Rally as Oil Drops on Hormuz Diplomatic Hopes

Brent crude fell almost 5% on hopes of reopening the Strait of Hormuz, while U.S. stock indexes posted strong gains. Iran said Monday that there weren’t any talks under way with the U.S. nor were any meetings planned, after President Trump said the day before he had called off a major strike on the country to provide more time for negotiations. The Nasdaq jumped 2.1%, the S&P 500 rose 1.5%, and the Dow industrials gained 1.3%.

Major crypto exchange eyes IPO amid market slump
TheStreet53d agobearish
Major crypto exchange eyes IPO amid market slump

The Bithumb crypto exchange is preparing for a 2028 initial public offering (IPO) after reorganizing its business and setting out a two-year program to strengthen accounting, compliance and risk controls. South Korea’s largest cryptocurrency exchange said it expects to complete internal-control ...

The Dow and S&P 500 Flirt With Record Highs
Barrons.com53d agobullish
The Dow and S&P 500 Flirt With Record Highs

A broad rally has taken a hold of Wall Street, and the stock market is on track to set some record highs. New records were within reach for the Dow Jones Industrial Average and S&P 500. The Dow was up 0.9%, or 474 points, at 52,963.99.