Economic TimesLean R·
US stocks: S&P 500 hits intraday record as tech stocks rally, crude oil prices fall
Major Wall Street indexes opened higher on Thursday morning. Crude oil prices experienced a decline, boosting investor confidence. This development improved overall market risk appetite among traders. Investors also analyzed producer price inflation data which came in softer. The Dow Jones, S&P 500, and Nasdaq Composite all saw gains at the opening bell.
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