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US stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq
Wordupnews.com·August 6, 2026·1 min read

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The Dow Jones Industrial Average reached a record high amid optimism for a peace deal involving Iran. In contrast, the Nasdaq experienced its first decline in five days, influenced by disappointing quarterly earnings from SpaceX and AMD.
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The Dow closed at a record on Wednesday on signs of progress for a peace deal with Iran, while the Nasdaq saw its first decline in five sessions as SpaceX and AMD stumbled following their quarterly earnings. A proposed deal between Iran and Oman would give Te…
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