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

Stock markets rose significantly, with the Dow and S&P 500 reaching record highs. Treasury Secretary Bessent indicated progress on an Iran deal, and oil prices fell. Individual stocks like Palantir also saw major gains.

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National story. 7 articles from 6 sources. Updated Aug 4, 2026.

Part of The US-Iran war: oil prices, gas prices and the market fallout

How each side is putting it

Left

1 source
QuartzLean Left· Aug 4, 2026

The Dow jumped 900 points to a record on hopes for a Hormuz deal

QuartzLean Left· Aug 3, 2026

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

Center

1 source
CBS NewsCenter· Aug 4, 2026

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

Right

4 sources
New York PostLean Right· Aug 4, 2026

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

Breitbart NewsRight· Aug 4, 2026

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

Just the NewsLean Right· Aug 4, 2026

Dow Jones soars over 900 points to close at new record after strong AI showings, possible Iran deal

Investor's Business DailyRight· Aug 3, 2026

Stock Market Today: Dow Rallies 550 Points On Trump Reversal; Oil Prices Plunge (Live Coverage)

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