Stock Market Today: U. S. Stocks Rally, Oil Price Fall to $79
On August 3, 2026, U. S. stocks surged, especially in tech, amidst easing U. S. -Iran tensions. The Dow gained over 600 points, while oil prices fell significantly, alleviating inflation concerns and boosting investor confidence.
On August 3, 2026, U. S. stocks surged, especially in tech, amidst easing U. S. -Iran tensions. The Dow gained over 600 points, while oil prices fell significantly, alleviating inflation concerns and boosting investor confidence. By William Collins, consultant in stock markets – Eurasia Business News, August 3, 2026. Article no 3039U. S. stocks rallied on August 3, 2026, while oil prices slid as investors reacted to signs of easing U. S. -Iran tensions and a reduced geopolitical risk premium. Major indexes were higher, with the Dow up more than 600 points intraday and the S&P 500 and Nasdaq also advancing. The Nasdaq Composite (COMP:IND) led the rise, gaining 2. 3%, while the Nasdaq-100 (NDX) advanced 2%, illustrating strong demand for large growth caps. The rise in big tech stocks coincided with a sharp 6% decline in crude oil (CL1:COM) prices, which fell back below $80 a barrel. Market participants also assessed President Donald Trump’s comments about plans to strike Tehran. among the biggest Nasdaq-100 gainers on August 3 wereCoreWeave (+17. 1%),Nebius Group (+16. 2%),Lumentum Holdings (+9. 7%), andSandisk (+7. 8%)leading the session. Read also:The Private Investor Deal Evaluation HandbookCoreWeave and Nebius were standout movers in AI-linked names, while Lumentum and Sandisk also participated in the broader risk-on rally. What moved marketsOil fell sharply after reports that the U. S. held off on a fresh strike on Iran, with Brent around $83 to $84 and WTI around $79 to $80. Lower oil prices helped ease inflation worries, which supported equities, especially big tech and other growth stocks. Read also:The Million-Dollar Retirement Blueprint for U. S. citizens in 2026Futures were already pointing higher at the open, with S&P 500 futures up 0. 6% and Nasdaq 100 futures up 0. 2%On August 3,spot goldwas around$4,067. 06 per ounceandspot silverwas around$58. 01 per ouncein U. S. dollar terms. AdvertisementsOur community already has nearly 280,000 readers!Subscribe to our Telegram channelFollow us onTelegram,FacebookandTwitter© Copyright 2026– Eurasia Business News. Article no. 3038