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Dow, S&P hit record highs…surge on strong corporate outlook, oil prices decline

Reuters ·

CAT Caterpillar Inc
$876.54 +5.60%
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  1. 1On Tuesday, the Dow and S&P 500 surged to record highs in U.S. equity indexes
  2. 2The Dow rose 1.76%, S&P 500 gained 1.53%, and Nasdaq climbed 2.12%, while U.S. crude oil fell 5.43%
  3. 3Caterpillar (CAT) and Palantir raised their annual revenue outlooks, and diplomatic hopes over the Strait of Hormuz pulled oil prices down

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