Dow Surges 700 Points as Oil Slide Eases Inflation Fears
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- Dow Jones surged nearly 700 points for a record close, as Big Tech stocks rose alongside sliding oil prices
- US stock futures edged higher with Iran talks and Q2 earnings positioned as the next market focus points
Why it matters: Falling oil prices directly calmed inflation jitters on Wall Street, powering a nearly 700-point Dow surge to a record close led by Big Tech — making energy costs the single swing factor that determined whether stocks broke to new highs or stalled.
