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' shares surged 29.5% after reporting a 93% increase in revenue.
- Caterpillar's stock climbed 5.6% following its report of over $20 billion in quarterly sales.
- Oil prices dropped 5.3%, easing inflation concerns and contributing to stock market gains.
- The 10-year Treasury yield fell to 4.62%, indicating a slight easing 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 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.
Despite worries about high inflation and geopolitical tensions, Wall Street hit its latest apex, rewarding patient investors as corporate profits soared. Oil prices dropped 5.3%, contributing to a reduction in inflation concerns and easing pressure on the overall economy and stock prices.
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%，因这家重型设备制造商的利润和收入均超出分析师预期。
尽管对高通胀和地缘政治紧张局势的担忧依然存在，华尔街仍达到了最新的高峰，回报了耐心的投资者，企业利润大幅上升。油价下跌5.3%，有助于减轻通胀担忧，缓解了整体经济和股市的压力。