Stocks soar toward new records

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Wall Street approached new records Wednesday, the Associated Press reports, with futures for the S&P 500 and Nasdaq rising 0.2% and 0.3%, respectively, after topping records a day earlier.

Futures for the Dow Jones Industrial Average fell 0.2%.

Oracle shares shot up more than 32% in off-hours trading after it reported that it had signed four multibillion dollar contracts that would drive up its cloud infrastructure revenue by 77% this fiscal year to $18 billion.

Swedish “buy now, pay later” financial services provider Klarna on Wednesday will trade for the first time as a public company.

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In energy trading, benchmark U.S. crude gained 58 cents to $63.21 per barrel. Brent crude, the international standard, rose 59 cents to $66.98 per barrel.

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