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S&P 500 Chases Record High as Tech Rebound Continues, Palantir Earnings Boost AI Trade
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On August 4, 2026, U.S. stock futures pointed to a higher open, with the S&P 500 chasing a record high as the technology sector rebounded strongly. Palantir's stellar earnings report revitalized the artificial-intelligence trade, lifting Nasdaq 100 futures by 1.1%. S&P 500 futures rose 0.3%, and Dow futures added 651 points, or 1.2%. The positive sentiment followed Monday's rally after President Donald Trump announced he would call off an attack in Iran, which caused a sharp drop in oil prices. The three major indexes all gained ground, driven by easing geopolitical tensions and renewed investor confidence in tech stocks.
Source report
Last Updated: 11 hours ago
Stocks looked set to rise again on Tuesday as Palantir’s stellar earnings helped breathe life back into the artificial-intelligence trade.
- Nasdaq 100 futures rose 1.1%.
- S&P 500 futures climbed 0.3%.
- Dow futures added 651 points, or 1.2%.
The three major indexes all rallied on Monday after President Donald Trump said he would call off an attack in Iran, which sparked a sharp drop in oil prices.
By George Glover
Source
Yahoo FinanceWestern
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US Stocks Surge to Records on Iran Diplomacy and Strong Earnings