New York, Aug 3, 2026 (AFP) - Dow hits fresh record as oil prices tumble

NAMPA / AFP

2026-08-03

Oil prices slumped and stocks mostly rose Monday after US President Donald Trump insisted negotiations with Iran were ongoing despite Tehran's denials. Crude futures slid more than four percent as markets brushed aside Iran's denials while Trump described the two sides as talking and Iran facing "a last chance before decapitation." The pullback in oil prices translated into a buoyant session in Wall Street, with all three major US indices in posi......

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