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Market Soars on Earnings and Hormuz Hope | US News
The stock market’s on fire—setting new intraday highs for the S&P 500 and Dow Jones, fueled by stellar earnings and hopeful signs of a Hormuz deal. After five straight days of gains, the S&P 500 just cracked 7,700 for the first time ever, while the Dow rocketed over 900 points. Disney and Eli Lilly soar on better-than-expected reports, even as some tech stocks stumble. Treasury Secretary Scott Bessent hints at progress on the Strait of Hormuz, lifting investor confidence. Despite SpaceX’s drop and softer job numbers, the market’s laser-focused on earnings and global stability—ignoring the…
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