Stock Market Today: NASDAQ Soars, Dow Jones and S&P 500 Reach Record Highs
2026-08-05 00:07:06
According to CoinMeta, today's stock market performed strongly, with the Nasdaq index rising by more than 2%, the Dow Jones Industrial Average increasing by 1.7%, and the S&P 500 index climbing by 1.5%, all setting new historical highs. Optimistic sentiment regarding U.S.-Iran relations drove up tech stocks, with companies such as Caterpillar and Palantir releasing strong financial reports, rising by 6% and 26% respectively. Meanwhile, oil prices continued to decline as Finance Minister Scott Bessent indicated that an agreement regarding the Strait of Hormuz could be reached in the coming days.
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Source:Internet
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