US stocks hit records as profits keep piling up for Palantir and others, while oil prices ease
NEW YORK (AP) — The U.S. stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 shot up 1.8%, and the main measure of Wall Street's health topped its prior all-time high set a couple months ago. The Dow Jones Industrial Average added 907 points, or 1.7%, to its own record set the day before, while the Nasdaq composite jumped 2.6%. Despite worries about high inflation, the war in Iran, frustration with the economy and a possible bubble in stock prices because of the boom in artificial-intelligence technology, Wall ...