Wall Street rallies, Dow closes at record on Iran talks optimism

U.S. stocks kicked off ⁠August ⁠on a strong note to send the Dow ⁠Industrials to a closing record high, as signs of de-escalating U.S.-Iran tensions pulled down oil prices and Treasury yields ​in a busy week for earnings and economic data. Crude prices settled down about 5% after U.S. President Donald Trump said on Sunday that talks with Iran to reopen the ‌Strait of Hormuz would take place on Monday, ‌though Iran disputed that talks were planned. The drop in oil prices helped push U.S….

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