US stocks opened at record highs on May 1, 2026, with S&P 500 at 7,237.19 (+0.4%), Nasdaq 25,021.19 (+0.5%), Dow 49,861.32 (+0.3%).
Apple shares jumped over 4% after earnings, guiding 14‑17% revenue growth and 47.5‑48.5% gross margin for the current quarter.
Reddit surged nearly 10% on stronger‑than‑expected Q1 results, while investors await earnings from Chevron, Exxon Mobil and AutoNation.
Geopolitical tension rose as Iran warned of “long and painful” strikes; Brent crude peaked above $126/barrel before falling to $114.