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April 27, 2026

How Wall Street is setting records even with the Iran war still going on

  • Everything eventually comes back to a basic question: How much money are companies making?
    • By STAN CHOE
    AP Business Writer

    iStock image
    As fear has eased, investors have turned their focus more to profits. And those have been coming in strong.

    NEW YORK — It seems so illogical. How can the U.S. stock market be setting records when gasoline prices are still expensive, U.S. households are feeling less confident about the economy and the war with Iran is still going?


     
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