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Stocks Surge on Earnings, Oil Eases

Global News Today | 2 Min News | The Daily News Now!

Published
May 2, 2026
Duration
1:27
Summary source
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Last updated
May 2, 2026

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Summary

U.S. stocks hit new highs, driven by robust earnings from Apple and Estee Lauder, and easing oil prices. The S&P 500 and Nasdaq reached record levels, while the Dow slightly dipped. Apples strong performance led the market, with over 84% of reporting S&P companies beating estimates. Estee Lauder, SanDisk, and Colgate-Palmolive also reported positive resul…

Show notes

U.S. stocks hit new highs, driven by robust earnings from Apple and Estee Lauder, and easing oil prices. The S&P 500 and Nasdaq reached record levels, while the Dow slightly dipped. Apples strong performance led the market, with over 84% of reporting S&P companies beating estimates. Estee Lauder, SanDisk, and Colgate-Palmolive also reported positive results, despite macro concerns. Oil prices eased, benefiting bonds and stocks, as investors await further earnings and global developments. Support

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