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SP 500 rises 2%, Dow jumps 1,000 points as profits keep piling up and oil prices ease

NEW YORK (AP) — The U. S. stock market is rallying toward a record on Tuesday as companies keep piling up profits and oil prices ease. The S&P 500 briefly climbed to 2%, before pulling back to about 1. 9%. It is on track to top its all-time high set a couple months ago. The Dow Jones Industrial Average added 1,017 points, or 1. 9%, to its own record set the day before, while the Nasdaq composite was 2. 6% higher, as of 1:52 p. m. Eastern time. Despite worries about high inflation, the war in...

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