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' stock surged 29.5% after reporting a 93% increase in revenue.
- Caterpillar's shares climbed 5.6% following stronger-than-expected profit and revenue results.
- Oil prices dropped 5.3%, contributing to easing inflation concerns on Wall Street.
- The yield on the 10-year Treasury fell to 4.62%, down from 4.70% on Monday.
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.
Another drop for oil prices also helped stocks on Tuesday, with Brent crude sinking 5.3% to $79.36 per barrel. The yield on the 10-year Treasury fell to 4.62% from 4.70% on Monday, indicating a notable move in the bond market as inflation concerns eased.
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纪录，因公司利润持续增长和油价回落。标准普尔500指数上涨1.8%，主要衡量华尔街健康状况的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了93%。卡特彼勒的股价上涨5.6%，因该重型设备制造商的利润和收入均超出分析师预期。
油价的再次下跌也帮助了周二的股市，布伦特原油跌至每桶79.36美元，下降5.3%。10年期国债收益率从周一的4.70%降至4.62%，显示出债市的显著变化，因通胀担忧减轻。