Market Report - US Close

US close: Stocks jump, Dow hits record on hopes of US-Iran de-escalation

By Benjamin Chiou

Date: Monday 03 Aug 2026

(Sharecast News) - US stocks surged on Monday, with the Dow Jones Industrial Average climbing to a new record and the S&P 500 hitting a two-month high, as renewed hopes of a de-escalation in the Middle East sent oil prices firmly lower.
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