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S&P 500 futures climb as megacap tech earnings and AI power Wall Street record highs

International
Published on 1 May 2026
S&P 500 futures climb as megacap tech earnings and AI power Wall Street record highs

Japan’s yen support kicked in after markets reacted

US equity futures pointed to more gains as strong megacap tech earnings helped Wall Street hit record highs. The yen slid slightly after Japan intervened to support the currency, while Middle East tensions and oil price spikes failed to derail stocks. US markets logged their best April since 2020, fueled by an AI and tech resurgence.

  • Megacap tech earnings boosted S&P 500 sentiment toward records
  • US stocks notched their best April since 2020 on AI-led momentum
  • Japan intervened to support the yen, which weakened slightly after
  • Oil spikes and Middle East tensions did not stop the rally
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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