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S&P 500 rises 1.5%, clears 7,600 for first time since June 3

S&P 500 rises 1.5%, clears 7,600 for first time since June 3

U.S. stocks rallied as the S&P 500 moved above 7,600 and the Dow Jones Industrial Average closed up 690 points at a record high, while Europe’s STOXX 50 also hit an intraday record.

Fact Check
Yahoo Finance's live August 3, 2026 coverage independently confirms the core claim: US stocks rose with the S&P 500 up 1.1%, the Dow up 1%, and the Nasdaq leading. This matches the claim's directional rally and approximate magnitudes; intraday figures naturally vary through the session, explaining minor differences (e.g., Nasdaq +1.38% in the snapshot vs +1.7% later). The BlockBeats flash is the originating report and reproduces the claim precisely, citing Bit.com data. The Euro STOXX 50 intraday record high is well-supported as plausible by Morningstar data showing the index within about 0.85% of its 52-week high just days earlier, though the exact August 3 record was not independently verified. The convergence of these sources supports a likely_true assessment.
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Summary

Global equities advanced on Aug. 3, with the S&P 500 rising 1.5% and clearing 7,600 for the first time since June 3, leaving it about 20 points below its all-time high. The Dow Jones Industrial Average closed 690 points higher for a record finish, while earlier market data showed the Nasdaq up 1.38% and Europe’s STOXX 50 gaining 1.2% to an intraday record high.

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