Japan Financial Markets

A woman walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, July 15, 2026, in Tokyo.

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Stocks drift higher on Wall Street as oil prices swing

Stocks drift higher on Wall Street as oil prices swing

U.S. stocks are drifting higher following strong profit reports from big companies. The S&P 500 added 0.2% Wednesday and was on track for a fourth gain in five days. The Dow Jones Industrial Average rose 173 points, and the Nasdaq composite gained 0.3%. BlackRock helped lead the market after becoming the latest financial company to report a bigger profit for the latest quarter than analysts expected. The U.S. market got a broad lift from data showing inflation slowed at the wholesale level last month. Oil prices swung near their highest levels in a month.