Stocks Climb at Midday as Bitcoin Surges and Gold Jumps; Oil Rises on Gulf Tensions

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US stocks advanced through midday Thursday, with the Dow up hundreds of points, as Bitcoin surged and Gold jumped amid geopolitical tension. Crude climbed after reports Iran fired missiles at Kuwait, while Treasury yields edged lower on reports of a shift in Russia's nuclear doctrine.

Scoreboard

The S&P 500 rose +1.06% to 7,748 and the Nasdaq gained +1.39% to 26,581 by midday. Crude advanced, with WTI up +0.64% to 91.59 and Brent trading above the mid-nineties per barrel, after reports Iran fired missiles at Kuwait raised supply concerns. Gold jumped +2.95% to 4,545 and the US 10Y yield eased -5bp to 4.744% following reports of a change in Russia's nuclear doctrine that spurred haven demand. The dollar edged lower, with the DXY off -0.59% to 99.0070. The VIX fell -2.30% to 14.85.

Key headlines

The takeaway

Equities rose even as haven assets rallied, an unusual pairing. Gold jumped +2.95% and the US 10Y yield eased -5bp on geopolitical headlines, moves typically associated with risk aversion, while stocks and Bitcoin climbed. The dollar edged lower rather than benefiting from safe-haven flows.

Attention turns to developments in the Gulf after reports of Iranian missile strikes on Kuwait, and to any confirmation of the reported shift in Russia's nuclear doctrine cited as a driver of haven demand. Traders will watch whether Crude holds its gains and whether Treasury yields extend their decline into the afternoon.

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Frequently asked questions: September 3, 2026

What happened in the markets today?

US stocks rose through midday, with the S&P 500 up +1.06% to 7,748 and the Nasdaq up +1.39% to 26,581. Gold jumped +2.95%, Bitcoin surged +4.69%, and Crude rose on Gulf tensions while Treasury yields edged lower.

Did the stock market go up or down today?

The stock market rose. The S&P 500 gained +1.06% to 7,748 and the Nasdaq added +1.39% to 26,581 by midday, with the Dow up hundreds of points.

Why did markets move today?

Crude climbed after reports Iran fired missiles at Kuwait, with WTI up +0.64%, while Gold jumped +2.95% and the US 10Y yield eased -5bp on reports of a shift in Russia's nuclear doctrine that spurred haven demand.

How did the S&P 500 do today?

The S&P 500 rose +1.06% to 7,748 through the morning session, part of a broad advance led by the Dow.

What did the dollar and Treasury yields do today?

The dollar edged lower, with the DXY off -0.59% to 99.0070, and the US 10Y yield eased -5bp to 4.744% amid haven demand tied to geopolitical headlines.

Where can I track live market data across asset classes?

Hyperdash shows real-time prices, charts and positioning for equities like the S&P 500, commodities like Gold and crypto like Bitcoin, all in one dashboard.

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