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Stocks Close: Dow Jumps Over 700 Points, Nasdaq Rises for Third Day as Cloud Firms Lead; Amazon Market Cap Tops $3 Trillion, SpaceX Jumps 5% Late","url":"https://stock-news.laohu8.com/highlight/detail?id=2656056302","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2656056302?lang=en_us&edition=fundamental","pubTime":"2026-08-04 04:22","pubTimestamp":1785788564,"startTime":"0","endTime":"0","summary":"U.S. President Trump canceled airstrikes against Iran and stated that the Strait of Hormuz could reopen by tomorrow at the latest, boosting market sentiment. All three major indices rose, with the Nasdaq advancing for three consecutive days and cloud service providers leading the gains. At the close, the Dow Jones Industrial Average rose 1.32% to 53,178.41 points; the Nasdaq Composite Index gained 2.13% to 25,913.90 points; and the S&P 500 Index climbed 1.48% to 7,600.50 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