US Stocks Hold Near Records on Hopes of an Agreement with Iran
- The Dow Jones industrial average rose 0.5% to a record 54,349.12 yesterday, while the S&P 500 fell 0.2% and The Nasdaq declined 0.8%.
- Big technology companies weighed on the market, including a 4% drop for Alphabet and a 1.1% drop for Microsoft. Analyst Brian Therien noted investors are shifting from "rewarding companies for AI spending to assessing the revenue and earnings that these investments can generate."
- Elon Musk's SpaceX fell 13.6% after its first quarterly report as a public company showed increased artificial intelligence spending. The Walt Disney Co. rose 3.6% after beating profit forecasts, aided by a $1 billion box office haul from "Toy Story 5."
- Inflation concerns continue to hang over markets, with the price of Brent crude falling 0.1% to $79.45 a barrel. Wall Street expects the Federal Reserve to raise rates at least once before the end of 2026.
- Markets await another update on Friday with the monthly employment report for July. While the jobs market has been a strong area of the economy, growth has been slowing recently.
19 Articles
19 Articles
Uncertainty about the possibility of a US-Iran deal and the jump in oil prices made investors cautious - Bond yields are rising again - New data on employment and inflation are a barometer for the Fed
The main indices of the New York stock exchanges opened without common direction and close to stability, with the technology actions pressing the Nasdaq Composed in the middle of the balance-sheet season, while the investors follow the negotiations to release part of the traffic in the Strait of Ormuz. At around 10:40 (from Brasilia), the Dow Jones index remained stable (+0.01%), at 54.345.65 points; the S&P 500 also operated close to stability …
US stocks hold near records on hopes of an agreement with Iran
NEW YORK (AP) — Stocks meandered to a mixed finish on Wall Street Wednesday and remained close to their records, while oil prices held steady. The uncertain trading on Wall Street followed two days of big gains that gave the week and August a strong start. Several big technology companies slumped, though, ultimately weighing down the market. The S&P 500 fell 12.97 points, or 0.2%, to close at 7,723.55. The index spent most of the day higher afte…
US stocks hold near records on hopes of an agreement with Iran - WXXV News 25
By DAMIAN J. TROISE NEW YORK (AP) — Stocks meandered to a mixed finish on Wall Street Wednesday and remained close to their records, while oil prices held steady. The uncertain trading on Wall Street followed two days of big gains that gave the week and August a strong start. Several big technology companies slumped, though, ultimately weighing down the market. The S&P 500 fell 12.97 points, or 0.2%, to close at 7,723.55. The index spent most …
Markets Pause After Record Highs as AI Rally Broadens | The Close 8/5/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Scotiabank Managing Director, Global Head of Financing Sales Mithra Warrier, Independent Media Analyst Evan Shapiro, Jefferies Senior Aerospace & Defense Equity Research Analyst Sheila Kahyaoglu, PsiQuantum CEO Victor Peng, Barclays Head of Equity Research, US Biopharmaceuti…
Coverage Details
Bias Distribution
- 37% of the sources lean Left, 36% of the sources lean Right
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
