Wall Street indices surged to new all-time highs yesterday, with the US500 climbing above 7250 and the US100 reaching 27630 points, recovering losses from earlier sessions. The British market also showed positive movement, with the UK100 up 0.16% ahead of the cash market opening. In contrast, most European markets remain closed for Labor Day.

Apple’s strong Q2 fiscal 2026 results, featuring an EPS of $2.01 and revenue of $111.18 billion, exceeded expectations and contributed to a 2.44% rise in its shares post-market. The company reported a significant 20% growth in iPhone sales, which could bolster investor confidence amid recent leadership changes. Meanwhile, Japan’s Manufacturing PMI hit a four-year high, although inflation data suggests a cautious stance from the Bank of Japan regarding rate hikes.

For market professionals, the implications are clear: the strong performance of major indices and individual stocks like Apple signals robust investor sentiment, while geopolitical tensions and central bank policies may create volatility ahead. Monitoring these factors will be crucial for strategic positioning in the coming weeks.

Source: xtb.com