The major U.S. stock indexes ended **broadly higher** on Monday, **August 3, 2026**, surging on the first trading day of the month as Trump called off planned strikes on Iran and said new peace talks would begin immediately, sending oil tumbling more than 5% and reigniting a powerful relief rally across every sector. The **S&P 500 closed within striking distance of its all-time high.**
The **S&P 500** surged **1.48%** (+110.78 pts) to **7,600.50.** The **Dow** gained **1.32%** (+693.38 pts) to a new record **53,178.41.** The **Nasdaq** jumped **2.13%** (+540.04 pts) to **25,913.90.** The **Russell 2000** climbed **1.81%** (+53.15 pts) to **2,984.49.**
The **VIX** eased **1.63%** to **15.73.** **Bitcoin** gained **0.65%** to **$63,836.85.** **Gold** was virtually flat at **$4,108.30.** **Crude Oil** plunged **5.33%** to **$80.16/barrel.**