Oil prices and world shares gain after Wall Street hits fresh records on strong corporate earnings

Shares advanced in Europe and Asia on Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran.

Oil prices and world shares gain after Wall Street hits fresh records on strong corporate earnings  apnews.com

Asian shares have surged and oil prices slipped after the U.S. stock market rallied to records

Asian shares have surged and oil prices slipped after the U.S. stock market rallied to records

The US stock market jumped to records as companies kept piling up profits and oil prices eased, while SpaceX released its first set of earnings since listing.

The US stock market jumped to records as companies kept piling up profits and oil prices eased, while SpaceX released its first set of earnings since listing.

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

Wall Street is about to get SpaceX’s first-ever earnings report | CNN Business  CNN

Despite investor jitters about the Iran war, inflation, and AI spending, corporate profits generally keep climbing.

Goldman’s chief global equity strategist Peter Oppenheimer said, “There does not appear to be a valuation bubble, but there may be an earnings bubble.”