04:13 PM EDT, 08/03/2026 (MT Newswires) -- US equity indexes ended higher Monday as crude oil prices fell after President Donald Trump said the US and Iran plan to start another round of talks.
* Trump said that the United States and Iran will hold new discussions Monday afternoon, calling off new strikes to allow for a deal following requests from allied countries. Trump later called the Iranian leadership "unbelievably duplicitous" for requesting peace talks and then saying "they're not having any discussions."
* The Institute for Supply Management's US manufacturing index rose to 55.6 in July from 53.3 in June, compared with expectations for 53.9 in a Bloomberg-compiled survey.
* The S&P Global US manufacturing index for July was revised upward to 53.9 from the flash reading of 53.8, compared with expectations for no revision in a survey compiled by Bloomberg.
* September West Texas Intermediate crude oil fell $4.52 to settle at $80.18 per barrel, while September Brent crude, the global benchmark, was last seen down $4.20 at $83.73.
* Microsoft ( MSFT ) shares were down about 4.9%, among the worst performers on Nasdaq and the Dow, after ArcelorMittal ( MT ) expanded its partnership with Microsoft ( MSFT ) to implement AI tools in its business processes. Separately, Microsoft ( MSFT ) is raising Xbox prices in the EU and the UK by up to 200 euros ($230.10) and 170 pounds ($228.33), respectively, The Verge reported.
* Marriott International ( MAR ) shares were down roughly 7%, among the worst performers on the Nasdaq and the S&P 500, after the company reported Q2 revenue below estimates amid headwinds from the Middle East conflict, and offered a downbeat Q3 earnings outlook.