Stock Market on Sept. 3, 2026: Dow, S&P 500, Nasdaq end sharply higher as software stocks and Big Tech rally; Treasury yields ease after Fed governor Waller's remarks
The Dow, S&P 500, and Nasdaq ended sharply higher on September 3, 2026, driven by a rally in Big Tech and software stocks. Market gains followed remarks from Fed Governor Waller, which contributed to a decline in Treasury yields. This surge marked the second consecutive day of higher closes for the markets, despite ongoing tensions involving Iran and cautious sentiment regarding interest rates. While tech led the recovery, Broadcom experienced a dip following its earnings report.
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- ✓ The Dow, S&P 500, and Nasdaq closed sharply higher on September 3, 2026.
- ✓ Big Tech and software stocks led the market rally.
- ✓ Treasury yields decreased following remarks from Fed Governor Waller.
- ✓ Stocks closed higher for two consecutive days.
What changed
Wall Street shifted from a period of losses to a sharp rally led by software and Big Tech stocks.
Live updates
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US Stocks Rally on Tech Gains and Falling Treasury Yields
The Dow, S&P 500, and Nasdaq ended sharply higher on September 3, 2026, driven by a rally in Big Tech and software stocks. Market gains followed remarks from Fed Governor Waller, which contributed to a decline in Treasury yields. This surge marked the second consecutive day of higher closes for the markets, despite ongoing tensions involving Iran and cautious sentiment regarding interest rates. While tech led the recovery, Broadcom experienced a dip following its earnings report.
Why it matters
Treasury yields often move inversely to tech stocks because lower rates reduce the discount rate for future earnings. The market is currently balancing geopolitical instability in Iran against domestic economic indicators and Federal Reserve policy.
What is confirmed
- The Dow, S&P 500, and Nasdaq closed sharply higher on September 3, 2026.
- Big Tech and software stocks led the market rally.
- Treasury yields decreased following remarks from Fed Governor Waller.
- Stocks closed higher for two consecutive days.
Still unconfirmed
- Broadcom shares dipped after earnings.
- Oil prices gained due to escalation in Iran.
- Stock futures remained flat amid rate caution and Iran tensions.
What to watch next
- Upcoming jobs report
- Tesla Cybercab announcement
- Federal Reserve interest rate decisions later this month
confidence 90%Sources used for this update (8)
- CNBC — Stock futures are little changed after Wall Street posts third straight losing day: Live updates
- WSJ — U.S. Stocks Rise as Oil Gains on Iran Escalation
- Investing.com — U.S. stock futures flat amid Iran, rate caution; Broadcom dips after earnings
- MarketWatch — Stock Market Today: Dow, S&P 500, Nasdaq rise sharply as software stocks and Big Tech rally; Treasury yields ease after Fed governor Waller's remarks
- Investor's Business Daily — Dow Jones Futures: Stocks Jump On Fed's Waller; Tesla Cybercab, Jobs Report In Focus
- Investopedia — Markets News, Sept. 3, 2026: Stocks Surge to Close Higher for 2nd Straight Day as Treasury Yields Fall
- AP News — Tech stocks lead a rally on Wall Street as bond yields ease some more
- apnews.com — How major US stock indexes fared Friday 9/4/2026
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