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The Economic Times
The Economic Times

US stocks: S&P 500, Nasdaq hit records as easing yields and oil fuel AI rally

Nasdaq Oil Alphabet Apple

The S&P 500 and Nasdaq touched record highs on Tuesday as Treasury yields retreated from multi-year peaks and oil prices fell, while investors looked ahead to the quarterly earnings season, according to the Reuters report.

The Dow Jones Industrial Average rose 243.69 points, or 0.48%, to 51,511.59. The S&P 500 gained 43.17 points, or 0.56%, to 7,817.12, while the Nasdaq Composite added 173.61 points, or 0.63%, to 27,650.92.

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