Commodities
Wall Street Hits Fresh Records Amid Strong Earnings Reports
The US stock market continued its upward trend on Wall Street, setting fresh records on strong corporate earnings. The S&P 500 climbed 0.5%, while the Dow Jones Industrial Average added 487 points, or 0.9%, as of 9:53 a.m. Eastern time.
The Walt Disney Co. was among the companies to report strong financial results for its latest quarter, with a $1 billion box office haul from 'Toy Story 5' contributing to its 3.2% rise after easily beating Wall Street's profit forecasts.
Oil prices remained steady, with Brent crude holding at $79.41 a barrel, despite ongoing uncertainty about the direction of the US war with Iran and its impact on global energy markets.