EconomyS&P 500, Dow hit record highs as Middle East hopes offset SpaceX and AMD slide
The S&P 500 and Dow Jones Industrial Average reached record levels on Wednesday. Investor hopes for a breakthrough toward peace in the Middle East helped counter declines in SpaceX and AMD shares. The two companies had issued upbeat forecasts, but those projections failed to impress investors. The market advance therefore came despite pressure from both technology-related stocks.
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Reuters★★☆☆☆2026-08-05 14:40Original
S&P 500, Dow hit record highs as Middle East hopes offset SpaceX and AMD slide
Economy