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The Economic Times
The Economic Times
Business

US stocks: S&P 500 hits intraday record as tech stocks rally, crude oil prices fall

US markets rose on Thursday, with the S&P 500 hitting an intraday record led by technology stocks, as falling crude prices lifted risk appetite and producer inflation came in below expectations, Reuters reported.

Brent crude futures fell 2.2% after six straight sessions of gains on possibilities of weaker global demand this year and rising US crude inventories.

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