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 with the S&P 500 rising 1.8% and the Dow Jones Industrial Average adding 907 points.
- Palantir Technologies saw a 29.5% increase in stock price after reporting a 93% revenue increase and raising its revenue forecast for 2026.
- Caterpillar's stock climbed 5.6% following stronger than expected profit and revenue results, marking its first quarter with over $20 billion in sales.
- Oil prices fell, with Brent crude dropping 5.3% to $79.36 per barrel, easing inflation concerns and affecting bond yields.
- The yield on the 10-year Treasury fell to 4.62%, down from 4.70% on Monday, 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 Dow Jones Industrial Average added 907 points, or 1.7%, to its own record set the day before.
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. This drop in oil prices also contributed to a decline in bond yields, with the yield on the 10-year Treasury falling to 4.62% from 4.70% on Monday.
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新高，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%，道琼斯工业平均指数增加907点，或1.7%，创下前一天的记录。
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%，称这一季度表现“超乎寻常”。卡特彼勒的股价上涨5.6%，因其利润和收入超出分析师预期。
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。油价的下跌也促成了债券收益率的下降，10年期国债收益率从周一的4.70%降至4.62%。