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September 22, 2026

Wall Street rallies near record after oil prices, bond yields ease

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street climbed to the edge of its all-time high on Monday, and stocks rallied worldwide after oil prices and yields in the bond market surrendered their market-rattling gains from last week.

The S&P 500 jumped 1.5% and pulled within 0.4% of its record set last month. The Dow Jones Industrial Average added 366 points, or 0.7%, and the Nasdaq composite leaped 2.3% to its own all-time high as chip stocks and other companies in the artificial-intelligence industry led the way.


 
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