How major US stock indexes fared Wednesday, 3/4/2026
ABC News
The U.S. stock market rebounded after oil prices stopped spiking and reports gave encouraging updates on the economy
The U.S. stock market rebounded after oil prices stopped spiking and reports gave encouraging updates on the economy.
The S&P 500 rose 0.8% Wednesday and erased much of its loss since the war with Iran began. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite climbed 1.3%.
The strength followed a scary start to the day, when South Korea’s Kospi stock index plunged 12.1% for its worst loss in history. Uncertainty about the war has sent prices in financial markets careening this week, with most taking their cues from what the price of oil is doing. Oil prices moderated through the day.
On Wednesday:
The S&P 500 rose 52.87 points, or 0.8%, to 6,869.50.
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Most U.S. stocks fell, but the market remained calm, even as the price of oil got back to rising