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 29.5% increase in stock price after reporting a 93% revenue increase.
- Caterpillar's stock climbed 5.6% following stronger-than-expected profits and revenue.
- Oil prices dropped 5.3%, easing inflation concerns and contributing to the stock market rally.
- The yield on the 10-year Treasury fell to 4.62%, down from 4.70% the previous day.
On Tuesday, the U.S. stock market rallied to record highs as profits continued to rise for several companies, while oil prices eased. The S&P 500 increased by 1.8%, surpassing its previous all-time high, and the Dow Jones Industrial Average added 907 points, or 1.7%, to also set a new record. The Nasdaq composite rose by 2.6%.
Palantir Technologies led the gains, with its stock surging 29.5% after CEO Alex Karp announced a 93% increase in overall revenue, describing the quarter as 'otherworldly'. Caterpillar also reported stronger profits and revenue, leading to a 5.6% rise in its stock price.
The drop in oil prices, with Brent crude falling 5.3% to $79.36 per barrel, contributed to easing inflation concerns. This decline helped lower bond yields, with the 10-year Treasury yield falling to 4.62%. Despite ongoing worries about inflation and geopolitical tensions, the stock market's performance reflects strong corporate earnings and investor confidence.
美国股市创纪录，Palantir等公司利润持续增长，油价回落
周二，美国股市因多家公司利润持续增长而创下历史新高，同时油价回落。标准普尔500指数上涨1.8%，超过了之前的历史高点，道琼斯工业平均指数上涨907点，或1.7%，也创下新纪录。纳斯达克综合指数上涨2.6%。
Palantir Technologies的股价领涨，因首席执行官亚历克斯·卡普宣布整体收入增长93%，股价上涨29.5%，称这一季度为“超凡”。卡特彼勒也报告了强于预期的利润和收入，股价上涨5.6%。
油价的下跌，布伦特原油价格下跌5.3%，至每桶79.36美元，有助于缓解通胀担忧。这一下降帮助降低了债券收益率，10年期国债收益率降至4.62%。尽管仍存在通胀和地缘政治紧张局势的担忧，但股市的表现反映了强劲的企业盈利和投资者信心。