AI and biotech stocks were strong. SpaceX rose, but came well off highs.

Wall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears and sent oil prices plummeting. This…

(Bloomberg) -- Global stocks wavered as investors paused to assess the durability of the relief rally fueled by the US-Iran deal to reopen the Strait of Hormuz, while awaiting…