Stocks jump as oil tumbles, Nvidia falls amid internal probe


FILE PHOTO: FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo/File Photo

NEW YORK/LONDON: Major stock indexes rallied on Monday as Brent crude oil fell more than 5% after US President Donald Trump said he is unlikely to order fresh attacks on Iran, while shares of Nvidia dropped.

The fall in oil prices helped to ease worries about inflation that have weighed on economies across the globe this year.

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