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US Stock Market Hits Fresh Record Highs Amid Upbeat Earnings

Guavy AI Editorial Team
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CAT
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The US stock market is experiencing a rally today, with the Dow Jones Industrial Average and S&P 500 Index reaching fresh record highs.

The gains are largely driven by upbeat earnings from Palantir Technologies (PLTR) and Caterpillar (CAT), which have lifted investor sentiment.

The Dow has surged over 800 points at midday, while the Nasdaq Composite Index has risen more than 500 points.

Snap Inc (NYSE:SNAP) is seeing significant attention in the options pit, with over 186,000 calls changing hands today - a tenfold increase from its average daily pace.

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