Most US stocks rise following strong profit reports from Equifax, Hasbro and other big companies
NEW YORK (AP) — Most of the U.S. stock market rose Tuesday following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran began. The S&P 500 added 0.3%. The Dow Jones Industrial Average rallied 529 points, or 1%, while more swings for stocks in the artificial-intelligence industry sent the Nasdaq composite to a modest loss of less than 0.1%. Stock prices tend to follow the path of corporate profits over the long term, and several companies delivered results for the latest quarter that ...