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Stocks Surge, Oil Slides as Boeing Gains Certification

8/4/2026

31 7 Full Breakdown

Summary

Story summary

The S&P 500 rose to 7,600.50, the Dow to 53,178.41, and the Nasdaq to 25,913.90 on Monday, posting gains of 1.5%, 1.3% and 2.1%.
President Donald Trump said Trump would hold off new strikes against Iran, sending Brent crude down 4.7% to $83.77 a barrel.
The 10-year Treasury yield slipped to 4.68% from 4.75%, and the two-year note fell 3.3 basis points.
Boeing shares jumped 8% after the 737 MAX-7 received certification.

History

Historical Context

Lehman Brothers’ September 15 2008 Chapter 11 filing— the largest U.S. bankruptcy with over $600 billion in assets— sent the Dow down more than 500 points and broke money-market funds, prompting emergency Federal Reserve-backed advances and a sharp credit crunch. That crisis-driven collapse and the ensuing policy easing set a precedent for today’s market rally after regulatory wins such as Boeing’s 737 MAX-7 certification.

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Story summary

The S&P 500 rose to 7,600.50, the Dow to 53,178.41, and the Nasdaq to 25,913.90 on Monday, posting gains of 1.5%, 1.3% and 2.1%.
President Donald Trump said Trump would hold off new strikes against Iran, sending Brent crude down 4.7% to $83.77 a barrel.
The 10-year Treasury yield slipped to 4.68% from 4.75%, and the two-year note fell 3.3 basis points.
Boeing shares jumped 8% after the 737 MAX-7 received certification.

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