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Wall Street rallies to records after oil prices ease and corporate profits keep topping expectations

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NEW YORK (AP) — The U.S. stock market rose to records Tuesday after oil prices eased and companies kept reporting bigger profits for the start of the year than analysts expected. The S&P 500 climbed 0.8% to top its prior all-time high set at the end of last week. The Dow Jones Industrial Average added 356 points, or 0.7%, and the Nasdaq composite set its own record after rallying 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday . The price for a barrel of Brent crude, the international standard, fell 4% to $109.87 after briefly cresting $115 on Monday, though it’s still well above its roughly $70 price from before the war with Iran . U.S. military leaders said Tuesday that a ceasefire with Iran remains in effect, even though Iran was blamed for attacks against the United Arab Emirates, a U.S. ally, the day before. The U.S.…

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