Apple Inc. posted strong earnings, beating estimates with robust iPhone demand and services growth. AI optimism, global resilience, and shareholder returns boosted sentiment, though valuation and long-term growth risks remain.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to