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BUSINESSAug 4 · 15:25 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

US stocks leap toward a record as profits keep piling up and oil prices ease

US stocks rose toward records as corporate profits surged and oil prices declined. The S&P 500, Dow Jones, and Nasdaq all gained significantly, driven by strong earnings from companies like Palantir Technologies and Caterpillar, while falling oil prices eased market pressures.

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