The Guardian · US news · Original story
US stock market hits record highs as AI profits pile and oil prices ease
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago
The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.
The S&P 500 shot up 1.8%, and the main measure of Wall Street’s health topped its prior all-time high set a couple months ago. The Dow Jones industrial average added 907 points, or 1.7%, to its own record set the day before, while the Nasdaq composite jumped 2.6%.
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Associated Press · Tue, Aug 4, 2026, 1:56 PM
US news | The Guardian
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago
The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.
The S&P 500 shot up 1.8%, and the main measure of Wall Street’s health topped its prior all-time high set a couple months ago. The Dow Jones industrial average added 907 points, or 1.7%, to its own record set the day before, while the Nasdaq composite jumped 2.6%.
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