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[BUSINESS] · United States · 11 sources

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U.S. Stock Market Rally Near Record as Oil Prices Fall

U.S. equities surged on Monday, with the S&P 500 climbing about 1.5% to sit just 0.1% below its all‑time high set earlier this summer. The Dow Jones Industrial Average added 693 points (about 1.3%) to a fresh record, while the Nasdaq Composite jumped roughly 2.1%.

The rally was sparked by a 4.7% drop in Brent crude to $83.77 a barrel after President Donald Trump announced a pause on new military strikes against Iran. Lower oil prices eased inflation concerns, prompting Treasury yields to fall; the 10‑year note slipped to 4.68% from 4.75%.

Corporate earnings helped lift the market: Boeing shares rose 8% following U.S. regulator certification of its 737 MAX‑7 aircraft, Tyson Foods stock gained 2.8% after beating spring‑profit expectations, and airlines such as United and American posted gains of about 5‑6% on reduced fuel costs.

Separately, July saw the S&P 500 post its first down month since 2014, driven by a slump in semiconductor stocks after mixed earnings from Microsoft and Apple, highlighting lingering volatility in the tech sector.

Entities

Accenture · Boeing · Brent crude · Cognizant Technology Solutions · Donald Trump · S&P 500 · S&P 500 Index · Tyson Foods · Vanguard Group · Vanguard S&P 500 ETF (VOO)

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