South Korea Financial Markets

The screen showing the Korea Composite Stock Price Index (KOSPI) is displayed at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, July 15, 2026.

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US stocks rise within 0.5% of their record, even as oil prices keep climbing

US stocks rise within 0.5% of their record, even as oil prices keep climbing

U.S. stocks ticked higher following strong profit reports from big companies. The S&P 500 added 0.4% Wednesday and pulled within 0.5% of its all-time high set last month. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite climbed 0.6%. BlackRock helped lead the market after becoming the latest financial company to report a bigger profit for the latest quarter than analysts expected. Stocks got a lift from easing yields in the bond market after data showed U.S. inflation slowed at the wholesale level last month. Oil prices, though, rose toward their highest levels in a month.