US stocks rose to fresh records on Monday as investors eyed US-Iran peace talks and the debut of Nvidia’s (NVDA) new laptop chip.
The Dow Jones Industrial Average (^DJI) climbed just above the flat line. The S&P 500 (^GSPC) rose nearly 0.3% to close above the 7,600 mark. The tech-heavy Nasdaq Composite (^IXIC) drifted 0.4% higher as announcements from the Computex Taipei conference boosted tech stocks, offsetting weakness elsewhere. Nvidia shares jumped over 6%, while software stocks also saw sizable gains.
Meanwhile, oil trimmed sharp gains after President Trump posted on social media that he had a “very productive call” with Israeli Prime Minister Benjamin Netanyahu and said no troops would be heading into Beirut.
The comments came after Iran’s semi-official news agency Tasnim reported that Iran had suspended talks with the US over Israel’s actions in Lebanon and Gaza.
Shortly after the president’s statement concerning Lebanon, he posted again and said, “Talks are continuing, at a rapid pace, with the Islamic Republic of Iran.”
US benchmark West Texas Intermediate (CL=F) crude pared gains to trade just above $92 per barrel while Brent (BZ=F) exchanged hands near $95.
Looking ahead, investors will focus on Friday’s nonfarm payrolls report, one of the week’s most important economic releases. The employment data could provide fresh clues about labor market strength and help shape expectations for the Federal Reserve’s interest rate path in the months ahead.

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