SMH ·general ·3 hours ago

US stocks near record highs as Bank of America posts strong profits

US stocks approached record highs following a two-week rally, with the S&P 500 rising 0.4 percent. Analysts reported an expected August 2023 profit of $8.6 billion for Bank of America, reflecting a resilient economy. The Australian sharemarket is set for a flat opening amid ongoing US-Iran negotiations aimed at stabilizing oil supplies.

Summary by Glance · SMH

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