US stocks rise to a record as oil prices drop and inflation gets less bad
Trader Fred Demarco, right, and Specialist Michael Pistillo, left, work on the floor of the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura) A general view shows the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura) NEW YORK (AP) — The U.S. stock market rose to an all-time high Thursday following the latest sign that inflation is getting less bad . Stocks also got a lift from easing oil prices in their latest yo-yo move. The S&P 500 climbed 0.7% and topped its prior record set last week .
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That’s down from the roughly 50% probability seen two days ago, according to data from CME Group. Treasury yields sank in the bond market, which eases pressure on stocks and other investments.