S&P 500, Nasdaq Close at Records on Apple 3.3% Earnings Rally; Dow Drops 153 Points

U.S. stocks closed mixed with the S&P 500 up 0.3% to a record 7,230.12 and Nasdaq rising 0.9% to 25,114.44, driven by Apple's 3.3% surge after fiscal Q2 revenue of $111.2 billion beat estimates of $109.5 billion, EPS of $2.01 topped $1.95, and Q3 guidance of 14-17% growth exceeded 10% consensus. Shares jumped nearly 4% premarket and nearly 3.9% intraday as markets opened higher (S&P +0.4%, Nasdaq +0.8%), hitting records before a 3% WTI oil plunge to $101.94 pulled the Dow down 153 points to 49,499.27. Elevated earnings beats (83% rate) and strong April gains (S&P +10.4%, Nasdaq +15.3%) sustained bullish momentum amid easing inflation fears.