Asia • 2026-05-01 11:10

U.S. stocks climb to new highs as oil prices dip, Wall Street gains momentum

Fast facts

  • Category: Asia
  • Language: EN
  • Published: 2026-05-01 11:10 UTC
  • Sources: South China Morning Post

U.S. equity markets rose on Friday, with the S&P 500 gaining 0.6 % to extend the all‑time high set the previous day, and the Dow Jones Industrial Average also posting gains. Strong quarterly results from Apple, Estée Lauder and other firms lifted sentiment, while modest declines in oil prices helped steadier global markets on the May Day holiday.

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