U.S. Stocks Reach Best Monthly Performance Since 2020 Amid Oil Price Volatility
U.S. stocks closed their best month since 2020, with the S&P 500 hitting a new high. The rally was driven by strong earnings from companies like Alphabet and Caterpillar, despite volatile oil prices. The Dow and Nasdaq also set records, with Alphabet's stock rising 10% due to strong AI-related profits.
Topics: AI investments Alphabet earnings Dow Jones Industrial Average Nasdaq composite oil price volatility S&P 500 record stock market rally