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NBC Nightly News with Tom Llamas Full Episode - Aug. 4
NBC News· 2026-08-05 01:54
Breaking news right now. The security threat at President Trump's golf course ahead of his visit there tonight. The president on his way to the club right now.A person armed with a pistol and an AR-15 style rifle arrested appearing to case the president's golf course in California before his event there. What we're learning, stunning Wall Street rally, the S&P 500 and the Dow hitting a new all-time record. What's driving the surge even as fears grow over an AI bubble.What it could mean for your 401k. Also t ...
Dow and S&P 500 hit record highs fueled by Iran talks and AI-linked earnings
NBC News· 2026-08-05 00:00
Market Trends and Macroeconomic Environment - Wall Street experienced a major surge, with the Dow Jones Industrial Average rising by approximately 900 points, and both the Dow and the S&P 500 reaching all-time highs alongside widespread gains in the NASDAQ composite [1][3] - Crude oil prices fell by about 6%, trading around $75 per barrel, driven by discussions on normalizing or reopening straights and lower oil prices, though ongoing geopolitical conflicts in the Middle East, Russia, and Ukraine maintain market volatility [1][6][7] Corporate Earnings and Industry Performance - Technology sector resilience and corporate earnings season drove market optimism, highlighted by defense contractor and AI-focused company Palantir reporting a blowout quarter that lifted chip stocks and the NASDAQ [2][3] - Heavy machinery giant Caterpillar contributed to the Dow's rise, reporting that the buildout of artificial intelligence data centers is fueling equipment demand and demonstrating broader industry ripple effects [4] - Aerospace company SpaceX exceeded revenue expectations and posted a narrower-than-expected loss, though heavy spending on artificial intelligence, after-hours stock punishment, and an upcoming insider share lockup expiration present potential headwinds following its public debut [4][5][6]
X @The Wall Street Journal
Pete Hegseth's pick to be the Army's top officer is in jeopardy after losing Republican support due to a lack of experience as a four-star general https://t.co/6zRNhYgcJT ...