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%, easing inflation concerns and contributing to the stock market rally.
- The yield on the 10-year Treasury fell to 4.62%, indicating a relaxation in borrowing costs.
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. The Nasdaq composite jumped 2.6%, reflecting strong corporate earnings despite concerns over inflation and geopolitical tensions.
Palantir Technologies led the way with a 29.5% surge after reporting a 93% increase in overall revenue. Caterpillar also reported stronger-than-expected profits, with its shares climbing 5.6%. The company noted significant demand for its products, particularly in relation to AI technology.
Oil prices dropped significantly, with Brent crude falling 5.3% to $79.36 per barrel, which helped alleviate inflation concerns on Wall Street. This decline in oil prices contributed to a drop in Treasury yields, further supporting the stock market's upward momentum.
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以及油价回落。标准普尔500指数上涨1.8%，道琼斯工业平均指数上涨907点，或1.7%，创下新纪录。纳斯达克综合指数上涨2.6%，反映出尽管存在通胀和地缘政治紧张的担忧，企业盈利依然强劲。
Palantir Technologies的股票上涨29.5%，因其报告整体收入增长93%。卡特彼勒的利润同样超出预期，股票上涨5.6%。该公司指出，特别是在人工智能技术相关产品方面，需求显著。
油价大幅下跌，布伦特原油价格下降5.3%，至每桶79.36美元，这有助于缓解华尔街的通胀担忧。油价的下滑进一步导致国债收益率下降，进一步支持了股市的上涨势头。