This story has rotated off the live feed but the permalink stays available for sharing and search.

world Scmp World 2026-05-01

Wall Street Nears Records as Corporate Profits Surge, Oil Prices Dip

The US stock market is nearing new records, propelled by stronger-than-expected profits from major companies like Apple and Estee Lauder. Falling oil prices also contributed to the positive market movement, with the S&P 500 reaching an all-time high.

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10