Apple Earnings Drive 4% Stock Surge

US stock futures rose modestly, with S&P 500 futures up 0.2% to 7,258 and Nasdaq 100 futures up 0.1% to 27,626.75.
Major indices closed at record highs, S&P 500 up 1% above 7,200, Nasdaq up ~0.9%, Dow up 1.6%.
Apple shares jumped 4% after earnings, reporting record revenue, profit per share and >20% iPhone sales growth for a second quarter.
Reddit surged nearly 13% on strong Q1 results; investors await earnings from Chevron, Exxon Mobil and AutoNation amid heightened Iran‑related geopolitical tensions.