Traders work on the floor of the New York Stock Exchange on April 30, 2026.
new york stock exchange
Dow Jones Industrial Average Futures It will rise on Friday, apple Oil prices fell as the new month of trading began.
Dow Jones Industrial Average futures rose 210 points, or 0.4%. S&P500 futures Although it rose by 0.3%, Nasdaq 100 futures It hovered near the flatline.
Apple shares rose more than 3% in premarket trading after the consumer technology giant reported second-quarter results with higher profits and sales. Not only that, but the company’s revenue outlook for this quarter is above expectations, overshadowed by the fact that iPhone revenue has come in below expectations for the second time in three quarters.
Conversely, oil prices fell after regional sources told Axios that Iran has sent a response to the US through Pakistani mediators regarding the US’s latest amendments to the draft agreement to end the Middle East conflict. us West Texas Intermediate Crude Oil Futures The price fell 2% to more than $102 per barrel. international benchmark brent crude oil futures The price fell 0.5% to more than $109 per barrel.
The move came after a record trading session that saw the S&P 500 index close above the 7,200 mark for the first time in history. As a result, both the S&P 500 and Nasdaq stock indexes set new closing highs, securing their strongest monthly performance since 2020. Meanwhile, the Dow Jones Industrial Average posted its best monthly performance since November 2024.
Strong first-quarter results, along with hopes for a easing of tensions in the Middle East, have ultimately pushed stock prices higher since the start of the year. All three indexes are now trading well above where they were at the start of 2026, although the start of the war between the US and Iran caused major stock averages to fall.
Venu Krishna, head of U.S. equity strategy at Barclays, said the strong economic growth outlook and untapped tech story are catalysts for a continued strong market rally from here.
“The story is good and we remain optimistic,” he said on CNBC’s “Closing Bell: Overtime” Thursday afternoon. “The last thing I want to say is that the pace of this recovery has been very strong in such a short period of time, leaving us with the possibility of a little bit of a lull in the near term.” “But…I think the trajectory and direction are quite strong.”
