Dow Surges 700 Points to Record Close as Big Tech, Oil Slide
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- Dow surged nearly 700 points for a record close as Big Tech stocks rose and oil prices slid, per CNBC.
- Al Jazeera reported US stocks near a record high as oil fell and Trump claimed Iran talks were under way.
Why it matters: The Dow's nearly 700-point rally to a record close, paired with sliding oil prices, delivered a banner session for Big Tech investors, while Trump's claimed Iran talks eased energy-cost fears and helped sustain the record-setting momentum heading into futures trading.
