- The Dow Jones Industrial Average closed above 52,000 for the first time on Monday, gaining 244 points to end at 52,120.
- Alphabet shares rose more than 4% during its first trading session as a member of the 30-stock Dow index.
- Comcast announced a plan to split into two separate public companies, dividing its media and technology operations over the next year.
- Geopolitical tensions eased as the U.S. and Iran reached a truce to halt hostilities and reopen the Strait of Hormuz to shipping.
Quotes
“Both sides will stand down for now and vessels can move freely”