US stocks rally to records, but Brent oil also tops $100 on worries about the Iran war
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April 22, 2026 2:25 PM
NEW YORK (AP) — The U.S. stock market rallied to more records Wednesday after GE Vernova, Boston Scientific and other big companies joined the parade reporting fatter profits for the start of the year than analysts expected. But caution still hung over Wall Street, and oil prices rose on uncertainty about what will happen in the war with Iran.
The S&P 500 jumped 1% and t opped its prior all-time high set on Friday. The Dow Jones Industrial Average added 340 points, or 0.7%, and the Nasdaq composite set its own record after jumping 1.6%.
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