Wall Street Stocks Touch Records on Upbeat Earnings, Dip in Oil

5 reasons stocks are rallying in the face of an oil-price shock

U.S. stocks were lower Thursday but still higher for the week, with the S&P 500 on the verge of breaking above 7,400 for the first time ever.

US stocks hold near their records as crude oil prices fall again

NEW YORK (AP) — The U.S. stock market is holding near its records as oil prices keep dropping on hopes that a deal may be nearing to allow tankers to carry crude once again from the Persian Gulf. The S&P 500 added 0.

Stock Market Today, May 5: Stocks Rebound as U.S.-Iran Truce Holds

The S&P 500 (SNPINDEX:^GSPC) rose 0.81% to 7,259.22, the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.03% to 25,326.13, and the Dow Jones Industrial Average (DJINDICES:^DJI) added 0.73% to 49,298.25 as easing oil prices helped major indexes set new highs.Market moversChip strength led the tape as Micron (NASDAQ:MU) surged 11% on demand for its new high-capacity SSDs that started shipping today. Advanced Micro Devices (NASDAQ:AMD) gained on stro…

Stocks Rise to Record and Oil Falls as Truce Holds: Markets Wrap

(Bloomberg) -- Relative calm returned to global markets, with stocks rising and oil falling as signs that a US-Iran ceasefire is still in place reduced fears about a full-scale war that could hamper the economic outlook.

US stocks rally toward records after oil prices ease

NEW YORK (AP) — The U.S. stock market is rallying toward records Tuesday after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The S&P 500 rose 1% and was on track to top its all-time high set at the end of last week. The Dow Jones Industrial Average was up 379 points, or 0.8%, with less than an hour remaining in trading, and the Nasdaq composite was heading toward its own record afte…

Banks, miners drive ASX higher on Iran hopes; Oil slides

The Australian sharemarket has made a bright start to the session, following Wall Street higher, on rising hopes that the US and Iran can agree to a peace deal to end the conflict in the Middle East.