Stock Market Rallies Nearly 6% Since Federal Reserve Meeting

The S&P 500 — a broad stock market gauge — rose 1.8% on August 4, 2026, closing at 7,736.52 and up nearly 6% since the Federal Reserve met the prior week. The tech-heavy Nasdaq surged about 5% in two days. Strong company profits and cheaper oil fueled the rally. The Dow closed at a record high on August 3.