5 May 2026

Stocks End April on a High, Even as Oil Prices Touch New Peak

Joe Rennison and Gregory Schmidt

The S&P 500 ended April at a fresh record high, with investors balancing concerns that the war in Iran could lead to longer disruption of fuel supplies from the Middle East against strong corporate earnings and data showing continued economic growth.

Investors were buoyed on Thursday after a report showed modest economic growth in the United States for the first three months of the year, boosted by investment in the infrastructure needed to power artificial intelligence.

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