US stocks rally near a record as falling oil prices ease Wall Street's worries about inflation
- U.S. stocks rallied to the edge of their all-time high as easing oil prices calmed inflation worries.
- The S&P 500 rose 1.5%, just 0.1% below its record set earlier this summer.
- The Dow Jones Industrial Average climbed 693 points, reaching an all-time high.
- Brent crude oil prices dropped 4.7% to $83.77 after President Trump held off on new strikes against Iran.
- Companies in the S&P 500 are on track to deliver earnings per share for the spring that are 47% higher than a year before.
The U.S. stock market rallied to the edge of its all-time high on Monday after easing oil prices helped calm Wall Street’s worries that inflation could get even worse.
The S&P 500 jumped 1.5% and is just 0.1% below its record set earlier this summer. The Dow Jones Industrial Average climbed 693 points, or 1.3%, to an all-time high, while the Nasdaq composite leaped 2.1%.
Stocks got a lift as the price for a barrel of Brent crude sank 4.7% to $83.77. It dropped after President Donald Trump said over the weekend that he decided to hold off on new strikes against Iran at the urging of allies in the region.
Companies in the S&P 500 are on track to deliver earnings per share for the spring that are 47% higher than a year before, according to FactSet, with more than half of the companies in the index having already reported.
美国股市因油价下跌而接近历史高点，缓解了华尔街对通胀的担忧
美国股市在周一因油价下跌而接近历史高点，这缓解了华尔街对通胀加剧的担忧。
标准普尔500指数上涨1.5%，距离今年夏季创下的历史高点仅0.1%。道琼斯工业平均指数上涨693点，或1.3%，达到了历史新高，而纳斯达克综合指数上涨2.1%。
股市因布伦特原油价格下跌4.7%至83.77美元而受到提振。油价下跌是因为特朗普总统在周末表示，在地区盟友的敦促下，他决定不对伊朗进行新的打击。
根据FactSet的数据，标准普尔500指数中的公司预计春季每股收益将比去年高出47%，而该指数中超过一半的公司已经报告了业绩。