US stocks hit records as profits keep piling up for Palantir and others, while oil prices ease
- The U.S. stock market reached record highs on Tuesday, with the S&P 500 rising 1.8%.
- Palantir Technologies saw a significant increase in its stock price, up 29.5%, after reporting a 93% revenue growth.
- Caterpillar's stock rose 5.6% following its report of stronger-than-expected profits and revenue.
- Oil prices dropped, with Brent crude falling 5.3% to $79.36 per barrel, easing inflation concerns.
- The yield on the 10-year Treasury fell to 4.62%, contributing to a more favorable environment for stocks.
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 Dow Jones Industrial Average added 907 points, or 1.7%, to its own record set the day before. The Nasdaq composite jumped 2.6%.
Palantir Technologies helped lead the way and surged 29.5% after CEO Alex Karp announced a 93% revenue increase. Caterpillar also reported stronger profit and revenue than analysts expected, leading to a 5.6% increase in its stock price.
Oil prices dropped, with Brent crude falling 5.3% to $79.36 per barrel, which helped ease Wall Street's inflation worries. The yield on the 10-year Treasury fell to 4.62%, contributing to a more favorable environment for stocks.
Despite concerns about high inflation and geopolitical tensions, corporate profits have been rising significantly, with S&P 500 companies expected to see nearly 50% growth in earnings per share for the spring compared to the previous year.
美国股市创纪录，Palantir等公司利润持续增长，同时油价回落
美国股市在周二创下历史新高，因公司利润持续增长以及油价回落。标准普尔500指数上涨了1.8%，道琼斯工业平均指数上涨907点，或1.7%，创下前一天的纪录。纳斯达克综合指数上涨2.6%。
Palantir科技公司帮助引领了这一趋势，股价上涨29.5%，因首席执行官亚历克斯·卡普宣布其收入增长了93%。卡特彼勒也报告了强于分析师预期的利润和收入，导致其股价上涨5.6%。
油价回落，布伦特原油跌5.3%至每桶79.36美元，这有助于缓解华尔街的通胀担忧。10年期国债收益率降至4.62%，为股票创造了更有利的环境。
尽管对高通胀和地缘政治紧张局势的担忧依然存在，但公司利润显著上升，预计标准普尔500指数公司在春季的每股收益将比去年增长近50%。