Oil prices slipped lower, with crude futures falling about 2 percent, easing cost pressures on manufacturers worldwide and prompting investors

Dow Jones Industrial Average climbed roughly 550 points in a single session, marking a sharp intraday gain as strong quarterly earnings reports from leading firms boosted investor sentiment across the board and lifted the index toward record levels.

Corporate earnings from sectors such as technology, consumer goods and finance beat analysts’ forecasts, with several companies posting revenue growth above 10 percent, driving broad‑based buying and reinforcing the market’s upward momentum.

Oil prices slipped lower, with crude futures falling about 2 percent, easing cost pressures on manufacturers worldwide and prompting investors to move capital into equities, which further