Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak

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Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak

Reuters2022-02-02

* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday...

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Kelvin_Qiu
·2022-02-03
[OK]
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Bspn
·2022-02-03
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Ytyt
·2022-02-02
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遵道秉義
·2022-02-02
👍🤗🤩
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Troedas
·2022-02-02
Awesome
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chacheng
·2022-02-02
Keep it up!
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Lamborghini1
·2022-02-02
Latest
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CygnuSupreme
·2022-02-02
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Dindindino
·2022-02-02
Like pls
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hitithard
·2022-02-02
K
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summerdreamz
·2022-02-02
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EverSys
·2022-02-02
Like pls
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summerdreamz
·2022-02-02
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summerdreamz
·2022-02-02
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Khim007
·2022-02-02
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Prudens
·2022-02-02
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gachaboi123
·2022-02-02
Hiiii
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Prudens
·2022-02-02
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Steven Tay
·2022-02-02
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Huatheng
·2022-02-02
Like pls, thanks.
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this year, with some Wall Street analysts expecting seven hikes.\"This will be the year when Fed will pull back support ... the markets will not be on steroids anymore and may go through a phase of detox,\" said Anu Gaggar, global investment strategist at Commonwealth Financial Network.Geopolitical tensions added to market volatility, with Ukraine's president signing a decree to boost his armed forces by 100,000 troops over three years, as European leaders lined up to back him in a standoff with Russia and the United States demanded immediate Russian de-escalation.The Dow Jones Industrial Average rose 273.38 points, or 0.78%, to 35,405.24, the S&P 500 gained 30.99 points, or 0.69%, to 4,546.54 and the Nasdaq Composite added 106.12 points, or 0.75%, to 14,346.00.Once again, energy led the major S&P sectors, gaining 3.5% to close at a record high. 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Amazon Inc and Meta Platforms Inc are also on deck later this week.Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest one-day gain in 18 months - after projecting 2022 revenue above market expectations.AT&T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.The S&P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new 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