US stocks near record high, oil falls as Trump claims Iran talks under way

US stock futures moved higher before Wall Street opened on Monday.

Australian shares surged Tuesday morning, with the S&P/ASX 200 climbing 92.6 points, or 1.03%, to 9,111.9 by 11:39 a.m. AEST, putting the benchmark index within striking distance of the all-time high it set earlier this year.

Oil prices fell sharply on Monday as hopes of a peace deal in the Middle ⁠East grew.

Oil prices gain and global shares are mostly higher after a rally on Wall Street