Apple Stock Rises 3% Driven by Strong Earnings
Stock futures this morning are mostly positive. First quarter results are coming in strong and big tech continues to carry the tape. The S&P 500 and Nasdaq are coming off their best monthly gains since 2020 and are sitting at or near all-time highs. Apple's latest beat and bullish outlook are reinforcing that narrative, while AI spending continues to anchor investor enthusiasm. Oil is elevated due to ongoing Middle East conflict, Treasury yields are creeping back toward the mid-4% range, and the Fed is leaning more hawkish as inflation risks persist.In pre-market trading, S&P 500 futures rose 0.23%, Nasdaq futures fell 0.08% and Dow futures rose 0.30%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -Appleup 3%Five9up 19%Redditup 13%Estee Lauderup 11%Modernaup 6%Church & Dwightup 3%Aon plcup 2%Colgate-Palmoliveup 2%Exxon Mobildown 1%Terexup 1%Learup 1%Cinemarkup 1%DOWN AFTER EARNINGS -Robloxdown 23%Western Digitaldown 8%Cloroxdown 6%SanDiskdown 4%AutoNationdown 2%DexComdown 1%
