US stocks near record high as oil falls after Trump claims Iran talks are under way
US equities moved close to record highs on Monday after President Donald Trump said talks with Iran were under way, while Brent crude fell sharply on the same day. The market reaction came amid conflicting accounts from Washington and Tehran about the status of the communications. The moves added a fresh financial-market dimension to the wider dispute over the war on Iran.The S&P 500 rose 1.5% and finished just below its closing record of 7,620.90 set on 2 June. The Dow Jones Industrial Average gained 1.3% to a record high of 53,178.41, while the Nasdaq Composite climbed 2.1% and remained... [Continue Reading]
360LiveNews | 04 Aug 2026 05:00 LONDON
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Wall Street closes broadly higher as tech leads, oil slides and gold firms, with Apple the notable laggard
Executive summary: U.S. equities finished sharply higher, led by the Nasdaq Composite and S&P 500, as megacap tech, semiconductors and cyclicals helped power a broad advance. Microsoft, Amazon, Nvidia and Tesla all posted solid gains, while Apple and parts of the AI chip complex lagged. Falling WTI crude, a stronger gold tape and a weaker USD/JPY added to the cross-asset picture, suggesting investors leaned into growth and rate-sensitive exposures while rotating away from some energy and crypto-linked risk. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 21:15 LONDON
