The Hindu·3 min read·medium

U.S. stocks leap toward record as profits keep piling up, oil prices ease

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U.S. stocks leap toward record as profits keep piling up, oil prices ease
AI Summary

U.S. stock markets are rallying toward record highs as companies report strong quarterly earnings and oil prices decline. Major tech and industrial firms, including Palantir and Caterpillar, exceeded profit expectations, buoyed by AI-related demand.

The U.S. stock market is rallying toward a record on Tuesday (August 4, 2026) as companies keep piling up profits and oil prices ease.

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