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 to an all-time high, and the Nasdaq composite increased by 2.1%.
- Brent crude oil prices fell 4.7% to $83.77 after President Trump decided to hold 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.
美国股市在油价下跌中接近历史最高点，缓解华尔街对通胀的担忧
美国股市在油价下跌中接近历史最高点，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%，距离今年夏天创下的纪录仅0.1%。道琼斯工业平均指数上涨693点，或1.3%，创下历史新高，纳斯达克综合指数上涨2.1%。
随着布伦特原油价格下跌4.7%至83.77美元，股市获得了提振。此价格在特朗普总统周末表示在地区盟友的敦促下决定暂时不对伊朗采取新打击后下跌。
根据FactSet的数据，标准普尔500指数公司预计春季每股收益将比去年增长47%，其中超过一半的公司已完成报告。