Dow Surges as Oil Prices Plummet Amid Easing Middle East Tensions

US stock indices surged on Monday as crude oil prices plummeted due to de-escalating tensions in the Middle East. The Dow Jones Industrial Average led the charge, increasing by 274 points or 0.52% to reach a value of $52,759.06. Amazon's stock price jumped 3.8%, propelling the company's market value above $3 trillion for the first time.

The S&P 500 and Nasdaq Composite also saw gains, rising by 15.1 points or 0.2% to $7,504.78 and 78.8 points or 0.31% to $25,452.66, respectively. Investors are now focused on the upcoming earnings season and economic data releases.