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Dow, S&P 500 close at record on AI-linked earnings, Mideast deal hopes | Reuters

SUMMARY
US job openings drop in June, hiring increasesPalantir jumps after raising annual revenue forecastCaterpillar rises after reporting higher Q2 profitIndexes up: Dow 1.71%, S&P 500 1.79%, Nasdaq 2.59%

NEW YORK, Aug 4 (Reuters) - The S&P 500 and the Dow closed at record highs on Tuesday, 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.

Palantir Technologies (PLTR.O), opens new tab soared 29.5% and recorded its biggest daily percentage gain since February 2024, after raising its annual revenue forecast.

https://www.reuters.com/business/nasdaq-futures-underpinned-by-strong-ai-forecasts-focus-earnings-data-2026-08-04/

Dow, S&P 500 close at record on AI-linked earnings, Middle East deal hopes
https://www.straitstimes.com/business/companies-markets/dow-sp-500-close-at-record-on-ai-linked-earnings-middle-east-deal-hopes