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Commodities

US Stocks Reach New Heights as Oil Prices Inch Up

Guavy AI Editorial Team
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Stocks in the US continued their upward trend on Wednesday, adding to the previous day's record highs. The S&P 500 rose by 0.6% with the Dow Jones Industrial Average increasing by 381 points and the Nasdaq composite up by 0.4%. This growth can be attributed to various factors, including positive earnings reports from companies like Walt Disney Co.

The Walt Disney Co.'s stock price increased after it announced better-than-expected results, thanks in part to the success of 'Toy Story 5.'

However, not all stocks were on the rise. SpaceX's shares fell due to higher spending on artificial intelligence research.

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