US Equities: US markets ended sharply higher on Tuesday, with the S&P 500 and Dow Jones Industrial Average closing at record highs. Investor sentiment was boosted by strong earnings from AI-linked companies, including Caterpillar and Palantir, which helped ease concerns about demand. Meanwhile, declining crude oil prices and lower Treasury yields further supported risk appetite amid optimism over a potential resolution to tensions involving Iran. The Dow Jones Industrial Average surged 907.47 points, or 1.71 per cent, to 54,085.88. The S&P 500 advanced 136.02 points, or 1.79 per cent, to 7,736.52, while the Nasdaq Composite jumped 671.10 points, or 2.59 per cent, to close at 26,584.99.
