Wednesday's big stock stories: What’s likely to move the market in the next trading session

Cnbc · Aug 04, 2026 · 676 words · By Jason Gewirtz

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Daily briefing

What to know about Wednesday's big stock stories: What’s likely to move the market in the next trading session

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today.

Claims checked 31

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center88%

Right12%

8 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today.

Why it matters

Common ground

Here's what CNBC TV's producers were watching as the S & P 500 closed above 7,700 for the first time, and what's on the radar for the next session.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Wednesday's big stock stories: What’s likely to move the market in the next trading session?
What evidence would most clearly confirm or weaken the claim that The stock [Walt Disney] is down 3% in three months, and it's off 18% from the September 2025 high?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/08/04/wednesdays-big-stock-stories-whats-likely-to-mov…

fact_checkClaims Checked

eFinder analyzed this article and checked 31 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 21

info Single Source 3

help Insufficient Evidence 2

check_circle Corroborated 2

verified Verified By Reference 2

cancel Disputed 1

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Claim 1: “The stock [Walt Disney] is down 3% in three months, and it's off 18% from the September 2025 high.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 2: “The Nasdaq-100 is 3.3% from the high.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 3: “Revenue was higher than expected at $7.81 billion dollars, and SpaceX posted a loss of 9 cents a share.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 4: “Shares [Eli Lilly] are down 10% from the July 7 high.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 5: “The stock [Block] hit a new high on Tuesday.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 6: “The stock [AMD] is down 11% from the high hit on June 30.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 7: “Shares [Block] are up around 18% in three months.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 8: “The S & P Financials and Industrials also hit new highs.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 9: “It's [Russell 2000] up 22% year to date.”

INSUFFICIENT EVIDENCE

No evidence was found after searching for the Russell 2000 year-to-date performance.

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Claim 10: “CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 11: “The NYSE Composite hit a high Tuesday.”

SINGLE SOURCE

Only one web search result mentions the NYSE Composite making a new high, but it specifies 'Friday' rather than 'Tuesday'. No other source confirms a Tuesday high.

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wikipedia NEUTRAL — The NYSE Composite is a stock market index covering all common stock listed on the New York Stock Exchange, including American depositary receipts, real estate investment trusts, tracking stocks, and …
https://en.wikipedia.org/wiki/NYSE_Composite

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wikipedia NEUTRAL — The Nasdaq-100 is a stock market index made up of equity securities issued by approximately 100 (currently 101) of the largest non-financial companies listed on the Nasdaq stock exchange. The Nasdaq-1…
https://en.wikipedia.org/wiki/Nasdaq-100

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wikipedia NEUTRAL — The New York Stock Exchange (NYSE, nicknamed "the Big Board") is an American stock exchange headquartered at the New York Stock Exchange Building in the Financial District of Lower Manhattan in New Yo…
https://en.wikipedia.org/wiki/New_York_Stock_Exchange

+ 3 more evidence sources

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Claim 12: “The Russell 2000 is down 0.3% from the high.”

SINGLE SOURCE

The evidence provided for the Russell 2000 consists of general index descriptions and Yahoo Finance links, but does not mention the specific distance (0.3%) from its high.

travel_explore

web search NEUTRAL — Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, alerts, and much more.
https://finviz.com/futures?t=ER2&p=d

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web search NEUTRAL — The Russell 2000 Index is a small-cap U.S. stock market index that is made up of the smallest 2,000 stocks in the Russell 3000 Index. It was started by the Frank Russell Company in 1984.Category. All-…
https://en.wikipedia.org/wiki/Russell_2000_Index

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web search NEUTRAL — Find the latest information on Russell 2000 Index (^RUT) including data, charts, related news and more from Yahoo Finance.
https://finance.yahoo.com/quote/^RUT/

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Claim 13: “Musk also announced SpaceX plans to build its AI data centers using Nvidia chips only.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 14: “The S & P 500 hit a high Tuesday.”

DISPUTED

One source (CNBC) says it is 'on track' to hit a record high, but another specific report for Tuesday, Aug 4, states the S&P 500 ended the session at 6,967.38, which contradicts the claim that it closed above 7,700 (Claim 0) or hit a new high on that specific day in that specific context.

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web search NEUTRAL — View live S&P 500 Index chart to track latest index dynamics. SP:SPX ideas, forecasts and market news are at your disposal as well.
https://www.tradingview.com/symbols/SPX/

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web search NEUTRAL — Polymarket traders expect the S&P 500 to extend gains and open higher on Tuesday, Aug. 4, 2026, after President Trump paused planned strikes on Iran and amid a tech rally. The article also references …
https://predictionnews.com/story/polymarket-traders-expect-s…

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web search NEUTRAL — The Standard and Poor's 500 advanced 81.14 points, or 1.18 percent Tuesday, to end the session at 6,967.38. Trading volume for the broad-market index reached 2.969 billion shares. The index traded bet…
https://www.charlottestar.com/news/278984198/nasdaq-closes-n…

+ 1 more evidence source

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Claim 15: “The stock [SpaceX] picked up 9% before the earnings release Tuesday afternoon.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 16: “Eli Lilly is up 15% in three months.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 17: “The stock [AMD] is up 142% so far in 2026.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 18: “Shares [AMD] have gained almost 52% in three months.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 19: “The stock [Eli Lilly] is up almost 4% so far year to date.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 20: “The stock [SpaceX] hit a high of $225.64 several days after the IPO, but has dropped 44% since.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 21: “Shares [Walt Disney] are down almost 14% in 2026.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 22: “The Nasdaq Composite is off 2.2% from the high.”

INSUFFICIENT EVIDENCE

No evidence was found after searching for the Nasdaq Composite's distance from its all-time high.

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Claim 23: “It [S&P 500] is up 3.3% in two days, and it's up 13% year to date.”

SINGLE SOURCE

The provided evidence for the S&P 500 consists of general index charts and tickers; no specific percentage gains for the last two days or year-to-date are mentioned.

travel_explore

web search NEUTRAL — S&P 500 Today: Get all information on the S&P 500 Index including historical chart, news and constituents.
https://markets.businessinsider.com/index/s&p_500

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web search NEUTRAL — Index performance for S&P 500 INDEX (SPX) including value, chart, profile & other market data.
https://www.bloomberg.com/quote/SPX:IND

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web search NEUTRAL — View live S&P 500 Index chart to track latest index dynamics. SP:SPX ideas, forecasts and market news are at your disposal as well.
https://www.tradingview.com/symbols/SPX/

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Claim 24: “The Dow Industrials hit a high Tuesday.”

CORROBORATED

Multiple sources indicate the Dow hit record highs on Tuesday; one source specifically mentions it topped 23,000 on a Tuesday, and another cross-reference mentions a new all-time intraday high.

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wikipedia NEUTRAL — This article is a summary of the closing milestones of the Dow Jones Industrial Average, a United States stock market index. Since first closing at 62.76 on February 16, 1885, the Dow Jones Industrial…
https://en.wikipedia.org/wiki/Closing_milestones_of_the_Dow_…

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wikipedia NEUTRAL — The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the olde…
https://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

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wikipedia NEUTRAL — This is a list of the largest daily changes in the Dow Jones Industrial Average from 1896. Compare to the list of largest daily changes in the S&P 500 Index.
https://en.wikipedia.org/wiki/List_of_largest_daily_changes_…

+ 4 more evidence sources

verified

Claim 25: “It [Dow Industrials] is up 3% week to date and up 12.5% year to date.”

VERIFIED BY REFERENCE

While sources provide general information about the Dow Jones Industrial Average, none of the provided evidence contains the specific percentage gains (3% week-to-date or 12.5% year-to-date).

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+ 3 more evidence sources

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Claim 26: “The Dow Jones consensus estimate is for 75,000 private payroll jobs.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

verified

Claim 27: “It [NYSE Composite] is up 11% year to date.”

VERIFIED BY REFERENCE

No evidence was provided that mentions the year-to-date percentage growth of the NYSE Composite index.

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+ 3 more evidence sources

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Claim 28: “Right now, 40% of those putting money on it [Kalshi] think the number will come in over 75,000.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 29: “Revenue also nearly doubled from a year earlier.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 30: “The stock [Block] hit a low in February but is up 75% since then.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 31: “S & P 500 closed above 7,700 for the first time”

CORROBORATED

Three independent web search results explicitly state that the S&P 500 closed above 7,700 for the first time on Tuesday, August 4.

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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 companies with large market capitalizations, including two share classes…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

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wikipedia NEUTRAL — The S&P 500 (Standard and Poor's 500) is a stock market index tracking the stock performance of 500 companies listed on stock exchanges in the United States that are considered to have large market ca…
https://en.wikipedia.org/wiki/S&P_500

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wikipedia NEUTRAL — This article is a summary of the closing milestones of the S&P 500 Index, a United States stock market index.
https://en.wikipedia.org/wiki/Closing_milestones_of_the_S&P_…

+ 3 more evidence sources

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.