S&P 500 rises 2%, Dow jumps 1,000 points as profits keep piling up and oil prices ease

The S&P 500 briefly climbed to 2%, before pulling back to about 1.9%. It is on track to top its all-time high set a couple months ago. The Dow Jones Industrial Average added 1,017 points, or 1.9%, to its own record set the day before, while the Nasdaq composite was 2.6% higher, as of 1:52 p.m. Eastern time.

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