Stocks Soar to Record Highs on Slumping Oil Prices
U.S. stocks reached a record high as oil prices dropped and inflation expectations eased.
The Dow Jones Industrial Average rose to a new peak, with the S&P 500 and Nasdaq also posting gains.
Economists say the decrease in inflation is a positive sign for the economy, but some experts warn that it may not last.
Meanwhile, oil prices plummeted due to concerns over global demand.