Create account

Coverage dated August 3, 2026 to August 4, 2026

Dow soars 1,000 points on strong corporate profits, hopes of Iran deal

Headline from CBS News

Stocks were on track to notch new record highs on Tuesday as oil prices dip and companies report healthy profits.

CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Read the reports

Reports & sources

7 articles, oldest first.

  1. Quartz

    The Dow is up 500 points on Iran de-escalation. Investors remain skeptical it'll last (opens Quartz)

    Published

    Quartz's feed description

    Brent crude fell more than 5% after President Trump said Sunday he canceled a planned attack and that talks would resume Monday

  2. Investor's Business Daily

    Stock Market Today: Dow Rallies 550 Points On Trump Reversal; Oil Prices Plunge (Live Coverage) (opens Investor's Business Daily)

    Published

    Investor's Business Daily's feed description

    Stock Market Today: The Dow Jones index rallied 550 points Monday after Trump called off new U.S. strikes on Iran. Oil prices plunged.

  3. Just the News

    Dow Jones soars over 900 points to close at new record after strong AI showings, possible Iran deal (opens Just the News)

    Published

    Just the News's feed description

    The Dow Jones soared over 900 points, which is 1.71%, to close at 54,085. The S&P 500 gained 1.79%, hitting a fresh high for the first time since June and closing at 7,736.52, and the Nasdaq Composite ended with a 2.5% gain to close at 26,584.99.

  4. Breitbart News

    Dow Soars 1,000 Points, S&P Hits Record High After Scott Bessent Says Iran Deal Is Close (opens Breitbart News)

    Published

    Breitbart News's feed description

    Stocks soared on Tuesday following strong earnings reports and remarks from U.S. Treasury Secretary Scott Bessent indicating the U.S. could soon reach a new peace deal with Iran. The Dow Jones Industrial Average climbed over 1,000 points, or 1.87 percent. The

  5. Quartz

    The Dow jumped 900 points to a record on hopes for a Hormuz deal (opens Quartz)

    Published

    Quartz's feed description

    Oil prices fell sharply after the Treasury secretary said the U.S. and Iran may reach a deal to reopen the Strait of Hormuz within days

  6. New York Post

    Dow soars 1,000 points, S&P 500 hits record as Bessent signals Iran deal is close — and Palantir rallies 29% (opens New York Post)

    Published

    New York Post's feed description

    The Dow Jones Industrial Average surged 1,041 points, or 2%, by approximately 1:20 p.m. ET while the Nasdaq jumped 2.4%. The S&P 500 rose 1.8% to 7,736.85, a new record.

  7. CBS News

    Dow soars 1,000 points on strong corporate profits, hopes of Iran deal (opens CBS News)

    Published

    CBS News's feed description

    Stocks were on track to notch new record highs on Tuesday as oil prices dip and companies report healthy profits.

Dow soars 1,000 points on strong corporate profits, hopes of Iran deal | Since Then