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US stocks hit record highs as S&P 500, Dow and Nasdaq surge

Guardian Business1 min read158 words
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On Tuesday, the U.S. equity market reached new highs as the S&P 500 surged 1.8 %, surpassing the all‑time peak set a few months earlier. The Dow Jones Industrial Average climbed 907 points, a 1.7 % gain that extended its own record from the previous day, while the Nasdaq Composite rose 2.6 %, reflecting broad gains across technology and growth stocks.

The rally was driven by continued earnings momentum and a decline in oil prices, which eased investor pressure on corporate profitability. Analysts noted that the combination of robust corporate earnings reports and lower energy costs helped lift investor sentiment, pushing the major indices to record levels.

With the market now trading above its previous highs, traders and investors are closely watching for further signals of sustained strength, particularly in the context of ongoing economic data and global commodity trends. The gains underscore a continued confidence in the U.S. market’s resilience amid a backdrop of evolving macroeconomic conditions.

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