
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
- description
- Last updated
- May 2, 2026
Discusses daily.
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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