Wall Street Rallies To Records After Oil Prices Ease And Corporate Profits Keep Topping Expectations

Orientul Mijlociu

Oil prices fell back after rising earlier on escalating tensions in the war between the U.S. and Iran. NEW YORK (AP) — The U.S. stock market rose to records Tuesday after oil prices eased and companies kept reporting bigger profits for the start of the year than analysts expected. The S&P 500 climbed 0.8% to top its prior all-time high set at the end of last week. The Dow Jones Industrial Average added 356 points, or 0.7%, and the Nasdaq composite set its own record after rallying 1%. Stocks