Economy
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EconomyDow and S&P 500 close at records on AI earnings and hopes for Iran war deal
The S&P 500 and Dow Jones Industrial Average finished at record closing levels. Results from AI-linked companies including Caterpillar and Palantir helped reduce concerns about demand. Crude oil prices and Treasury yields also declined. Investors were encouraged by hopes that a deal could emerge in the Iran war, supporting the broader market.