Stocks
Global Markets Surge on Oil Price Hopes, US-Iran Talks Resume
Markets globally rallied on hopes that lower oil prices will ease global inflation concerns following US President's announcement of resumed talks between Washington and Tehran.
The S&P 500 index advanced by 1.48%, while the Nasdaq Composite surged 2.13% and the Dow Jones Industrial Average gained 1.32%.
Amazon crossed the $3 trillion market capitalization threshold, contributing to broad mega-cap technology strength.
In Europe, the Euro Stoxx 50 index closed at a fresh record high, while the FTSE 100 slipped 0.10% due to AstraZeneca's sharp decline.