Wall St futures edge up after record highs; Apple earnings, Iran conflict in focus
U.S. futures ticked higher after the S&P 500 and Nasdaq hit record closes, as upbeat corporate earnings — led by Apple’s stronger-than-expected quarterly report — supported risk appetite even as geopolitical tensions with Iran injected caution. S&P 500 futures, Nasdaq 100 futures and Dow futures were modestly higher after the cash market’s rally; Apple shares rose about 4% in after-hours trade following record revenue, EPS and continued iPhone and services strength. Oil supply fears from disruptions in the Strait of Hormuz pushed Brent above $126 intraday before a pullback, adding a risk premium that kept sentiment fragile. Market direction appears balanced between earnings-driven bullish momentum and downside geopolitical/commodity risks.