AP News·3 min read·medium
US stocks rise within 0.5% of their record, even as oil prices keep climbing
S
Stan Choe
✦AI Summary
U.S. stocks rose on Wednesday, driven by strong earnings reports from companies like BlackRock and Bank of New York Mellon. Despite the market gains, oil prices climbed due to ongoing geopolitical tensions involving Iran.
Why it matters
The market's resilience in the face of rising energy costs and geopolitical instability reflects investor confidence in corporate profit growth.
Add AP News as your preferred source to see more of our stories on Google. --> Share
businesseconomy
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%
The article provides a standard financial market summary based on objective data and earnings reports.
✦
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in