Oil slid and stocks jumped on Monday after President Donald Trump said talks with Iran have resumed. The S&P 500 climbed 1.48%, while the tech-heavy Nasdaq Composite overperformed, soaring 2.13%. The Dow Jones Industrial Average gained 1.32%. reaching a new record close.
Tech companies led the session, with Meta gaining almost 6% and Amazon more than 4%, hitting a record $3 trillion market capitalization.