S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopes
By Johann M Cherian and Shashwat Chauhan Aug 4 (Reuters) - The S&P 500 and the Dow hit record highs on Tuesday after strong forecasts from Caterpillar and Palantir reassured investors about AI-driven demand, while hopes for an imminent deal to end the Middle East conflict sent crude prices lower.