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October 7, 2026

Stocks rise as companies expect even bigger profits

By STAN CHOE
AP Business Writer

NEW YORK — The U.S. stock market has never been higher, even though the list of challenges chipping away at it keeps growing.

The S&P 500 climbed 0.6% Tuesday to a record after topping its prior all-time high set in August. Despite worries about everything from war to high inflation to pressure from the bond market, the index at the heart of many 401(k) accounts has soared 23% since hitting a bottom in late March.


 
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