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Wall Street rallies toward an all-time high

Analysts expect S&P 500 companies to post nearly 30% earnings growth, while AI-linked stocks and takeover news keep driving gains.

  • On Tuesday, the Dow Jones Industrial Average climbed 201 points, or 0.4%, while the Nasdaq composite added 0.5% to reach a new all-time high.
  • Markets rallied as oil prices dropped 2% to $98.30 per barrel, easing inflation pressure, while the 10-year Treasury yield fell to 5.25% from 5.31% late Monday.
  • Constellation Energy jumped 15% on Tuesday following a deal to supply Google with nuclear-scale electricity, while Lamb Weston shares rallied 11.1% after beating profit projections.
  • Option Care Health shares soared 33.1% after private investment firm CD&R and healthcare company McKesson announced a roughly $5.8 billion acquisition deal.
  • Analysts expect S&P 500 companies to deliver nearly 30% earnings growth, potentially marking a third straight quarter of growth exceeding 25%.
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16 Articles

The Korea TimesThe Korea Times
+7 Reposted by 7 other sources
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Wall Street rallies toward an all-time high

NEW YORK — The U.S. stock market is closing in on an all-time high on Tuesday. The S&P 500 climbed 0.8 percent and is on track to finish the day above its record closing level set in August. Even with worries about war , high inflation and cranked-up pressure from the bond market continuing to weigh on it, the backbone of many 401(k) accounts has soared nearly 24 percent since hitting a bottom in late March. The Dow Jones Industrial Average was …

·Seoul, Korea (the Republic of)
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(Seoul = Yonhap News) Reporter Yoon Jung-won of Yonhap Infomax = The three major stock indices of the New York stock market started higher, boosted by falling oil prices and government bond yields.

·Seoul, Korea (the Republic of)
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Investor's Business Daily broke the news in Los Angeles, United States on Tuesday, October 6, 2026.
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