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 its stock price after reporting a 93% revenue growth.
- Caterpillar's stock climbed 5.6% following a strong profit and revenue report, marking over $20 billion in sales for the quarter.
- 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%, indicating a shift in the bond market.
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.
Palantir Technologies helped lead the way and surged 29.5% after CEO Alex Karp said its overall revenue leaped 93% in what he called an 'otherworldly' quarter. Caterpillar climbed 5.6% after the heavy-equipment maker likewise reported stronger profit and revenue than analysts expected.
Oil prices dropped, with Brent crude sinking 5.3% to $79.36 per barrel, which eased Wall Street’s worries about inflation. The yield on the 10-year Treasury fell to 4.62% from 4.70% on Monday, indicating a notable move in the bond market that could affect borrowing costs for consumers and companies alike.
美国股市创纪录，Palantir等公司利润持续增长，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1.8%，主要的华尔街健康指标超过了几个月前设定的历史最高点。
Palantir Technologies的股价上涨29.5%，因首席执行官亚历克斯·卡普表示其整体收入增长93%，他称之为“超凡的”季度。卡特彼勒的股价上涨5.6%，因这家重型设备制造商的利润和收入均超出分析师预期。
油价下跌，布伦特原油价格下滑5.3%，至每桶79.36美元，这缓解了华尔街对通胀的担忧。10年期国债收益率从周一的4.70%降至4.62%，显示债市发生显著变化，这可能影响消费者和企业的借贷成本。