Wall Street surged to fresh records overnight: The S&P 500 jumped 1.8%, surpassing its prior all-time high, while the Dow Jones added 907 points (+1.7%) and the Nasdaq Composite leaped 2.6%.
Drivers were twofold: Robust earnings, especially from Palantir (+29.5% after "otherworldly" revenue growth), and a steep drop in oil prices on hopes of a US-Iran deal.
Crude oil fell sharply: Brent crude settled at $79.36 a...