The Dow Jones Industrial Average climbed roughly 700 points on Monday after President Donald Trump canceled planned military strikes against Iran and said talks between the two countries would resume, sending oil prices sharply lower. The Dow was up about 710 points, or 1.3%, in morning trading. Trump announced Sunday that he had called off the attack and that the two sides would return to the table Monday. Reports in U.S. media on Friday had suggested the president was readying another round of strikes after prospects for a diplomatic resolution faded and energy prices climbed. Oil prices fell sharply in response.