US Futures Rise on Strong Earnings and Iran Reports
Major indexes rose after a strong April as Apple's upbeat forecast lifted sentiment. Investors weigh negotiation reports against concerns over oil prices.
The United States equity futures rose on Friday morning as strong earnings from tech giants outweighed concerns regarding energy supply and slowing consumer spending. The S&P 500 enters May following its largest monthly percentage gain since November 2020. Investors are now assessing if corporate growth can sustain the rally during a historically weaker six-month period for stocks.
### Tech Earnings Drive Market Momentum APPLE INC rose 3.5% in pre-market trading after forecasting solid sales growth for the fiscal third quarter. The outlook follows robust demand for the iPhone 17 and MacBook Neo. REDDIT INC-CL A also climbed 13.6% after providing an upbeat quarterly revenue forecast.
