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US stock market hits record highs as AI profits pile and oil prices ease

The US stock market has hit record highs, driven by strong corporate earnings and easing oil prices. The S&P 500 rose 1.8%, bolstered by impressive reports from Palantir and Caterpillar. Analysts foresee ongoing growth in profits as market...

The Guardian· Aug 5, 2026 · 9:43 AM · 1 views

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The US stock market has hit record highs, driven by strong corporate earnings and easing oil prices. The S&P 500 rose 1.8%, bolstered by impressive reports from Palantir and Caterpillar. Analysts foresee ongoing growth in profits as market conditions improve.

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Originally reported by The Guardian. Read the full story →

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