Dow, S&P 500 close at record on AI-linked earnings, Mideast deal hopes
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Dow, S&P 500 close at record on AI-linked earnings, Mideast deal hopes
The S&P 500 and the Dow closed at record highs on Tuesday (August 4), powered by the latest batch of earnings from AI-related companies such as Caterpillar and Palantir that assuaged demand concerns, while crude prices and Treasury yields dropped on hopes for a deal in the Iran war.