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

Tuesday, August 4, 2026


The Dow Jones Industrial Average gained over 1,000 points, or 1.87 percent, on Tuesday. The S&P 500 reached a record high the same day. Treasury Secretary Scott Bessent made remarks indicating the U.S. could reach a new agreement with Iran, and strong corporate earnings reports also contributed to market movement.

Original reporting: https://www.breitbart.com/economy/2026/08/04/stocks-soar-on-iran-peace-deal-hopes/

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