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stocksAug 3, 2026, 4:52 PM

Stocks rebound as US holds off on Iran strikes; Amazon hits new highs

Equities gained after the US decided against military action on Iran, with Amazon reaching record levels, according to analyst Chris Beauchamp.

AMZN

Equities rallied following the US decision to refrain from strikes on Iran, providing a fresh catalyst for stocks. Chris Beauchamp, Chief Market Analyst at an online trading platform, noted the move gave renewed impetus to the market. Amazon shares climbed to new highs amid the broader rebound.

Source: FXStreet Forex News