The S&P 500 hit a new all-time record high Monday as Wall Street celebrated Trump's decision to cancel planned strikes on Iran
The Dow rallied 700 points while the Nasdaq surged over 2%, with U.S. tech stocks posting the best global performance on the first trading day of August
West Texas Intermediate crude plunged more than 6% to $79.49 per barrel as investors priced in renewed diplomatic hopes
