US stocks: Dow, S&P 500 close at record highs on AI earnings, Middle East peace hopes

Published Aug 4, 09:49 PM UTC

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On Tuesday, August 4, 2026, the Dow Jones Industrial Average and the S&P 500 closed at record highs, driven by strong earnings from AI-related companies and optimism over potential Middle East peace deals. The Dow rose 907.47 points, or 1.71%, to 54,085.88. All three major US indices closed higher, reflecting investor confidence in technology sector growth and geopolitical stability. The rally was fueled by positive corporate earnings reports linked to artificial intelligence advancements, as well as hopes for a resolution to conflicts in the Middle East. The record closes mark a significant milestone for US markets, with the S&P 500 also reaching an all-time high.

Source

The Business TimesRegional

Original headline: US stocks: Dow, S&P 500 close at record on AI-linked earnings, Middle East deal hopes

Original language: EN-US