U.S. stock futures pointed higher Friday, lifted by a rise in Apple stock and a drop in oil prices, as trading entered a new month. Dow Jones Industrial Average futures climbed 21

By Niket Nishant and Utkarsh Hathi May 1 (Reuters) - S&P 500 and Dow futures edged higher on Friday, buoyed by strong earnings after the indexes logged their biggest monthly gains in years, offsetting fears of a historic supply shock in the oil markets.

The Dow Jones Industrial Average is trading up Friday morning with shares of Apple and Merck seeing positive momentum for the index. The Dow was most recently trading 200 points, or 0.4%, higher, as shares of Apple and Merck have contributed to the index's intraday rally.

Dow Jones jumps as Apple earnings boost US stocks while oil drops. Tech stocks lead the stock market as traders watch crude for direction today.

In his swan-song press conference as Fed chair, Jerome Powell warns that prices haven’t peaked yet.

The Dow Jones Industrial Average was roughly split ahead of the closing bell between components in the green and those in the red. But big losses from Amgen and McDonald's were weighing on the blue-chip gauge,

Rates drop, US indices rally again on Thursday, as this correlation continues to be a major driver of where we go. That being said, this is a market that is still moving on the latest headline.

The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning the page on their biggest monthly percentage gains in years.

Jeffrey Hirsch called Dow 38,820 by 2025 back in 2010, when the index was trading around 10,000. That target has already been exceeded. Now he’s raising the bar: Dow 62,430 by 2030, and the logic behind the forecast is older and more rigorous than most market predictions you’ll encounter.

The Dow Jones index rose Friday as Apple jumped on earnings. But Roblox, Sandisk and Western Digital dived.