{"id":4850,"date":"2023-05-05T23:33:13","date_gmt":"2023-05-06T03:33:13","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/u-s-stocks-were-rising-after-apple-beat-earnings-expectations\/"},"modified":"2023-05-05T23:33:14","modified_gmt":"2023-05-06T03:33:14","slug":"u-s-stocks-were-rising-after-apple-beat-earnings-expectations","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=4850","title":{"rendered":"U.S. stocks were rising after Apple beat earnings expectations"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Investing.com — U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales.<\/p>\n

At 10:46 ET (14:46 GMT), the was up 431 points or 1.3%, while the was up 1.5% and the was up 1.8%.<\/p>\n

The report from Apple overcame any concerns from a stronger-than-expected report on jobs for April. Shares of Apple rose 4.9%.<\/p>\n

U.S. companies added 253,000 last month, more than the 180,000 analysts expected. The fell to 3.4%, also unexpected. The data point to resilient labor sector strength that could encourage the Federal Reserve to keep interest rates higher for a longer period of time.<\/p>\n

Futures traders have been betting that the will pause its interest rate increases in June while it assesses the progress its actions have taken thus far to cool inflation. The Fed raised rates this week by another quarter of a percentage point.<\/p>\n

Rapidly rising rates in the past year have raised concerns about the banking system, as regional banks get squeezed by higher rates that are attracting deposits to products that offer customers higher yields. PacWest Bancorp <\/span><\/span> (NASDAQ:), which has been under pressure this week, rebounded on Friday. Shares were up over 50%, and shares of Western Alliance Bancorporation (NYSE:) rose over 29%.<\/p>\n

Shares of online used car dealer Carvana <\/span><\/span> (NYSE:) jumped 34% after saying it expects to record a profit in the current quarter.<\/p>\n

Shares of ride-hailing company LYFT Inc (NASDAQ:) fell 21% on concerns its price war with rival Uber Technologies (NYSE:) could eat into its profit margin.<\/p>\n

Oil was rising. was up 3.9% to $71.28 a barrel, while was up 3.7% to $75.19 a barrel. fell 1.9% to $2,015.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com — U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT), the was up 431 points or 1.3%, while the was up 1.5% and the was up 1.8%. The report from Apple overcame any concerns from a stronger-than-expected report on jobs for April. Shares […]<\/p>\n","protected":false},"author":1,"featured_media":4851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-4850","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nU.S. stocks were rising after Apple beat earnings expectations | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Investing.com -- U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT),\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=4850\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. stocks were rising after Apple beat earnings expectations | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Investing.com -- U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT),\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=4850\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-06T03:33:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-06T03:33:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXNPEB8R0JA_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=4850#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=4850\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"U.S. stocks were rising after Apple beat earnings expectations\",\"datePublished\":\"2023-05-06T03:33:13+00:00\",\"dateModified\":\"2023-05-06T03:33:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=4850\"},\"wordCount\":271,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=4850#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=4850\",\"url\":\"https:\/\/ifintechworld.com\/?p=4850\",\"name\":\"U.S. stocks were rising after Apple beat earnings expectations | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-06T03:33:13+00:00\",\"dateModified\":\"2023-05-06T03:33:14+00:00\",\"description\":\"\u00a9 Reuters. Investing.com -- U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT),\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=4850#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=4850\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=4850#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"U.S. stocks were rising after Apple beat earnings expectations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"U.S. stocks were rising after Apple beat earnings expectations | iFintechWorld","description":"\u00a9 Reuters. Investing.com -- U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT),","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=4850","og_locale":"en_US","og_type":"article","og_title":"U.S. stocks were rising after Apple beat earnings expectations | iFintechWorld","og_description":"\u00a9 Reuters. Investing.com -- U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT),","og_url":"https:\/\/ifintechworld.com\/?p=4850","og_site_name":"iFintechWorld","article_published_time":"2023-05-06T03:33:13+00:00","article_modified_time":"2023-05-06T03:33:14+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/LYNXNPEB8R0JA_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=4850#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=4850"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"U.S. stocks were rising after Apple beat earnings expectations","datePublished":"2023-05-06T03:33:13+00:00","dateModified":"2023-05-06T03:33:14+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=4850"},"wordCount":271,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=4850#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=4850","url":"https:\/\/ifintechworld.com\/?p=4850","name":"U.S. stocks were rising after Apple beat earnings expectations | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-06T03:33:13+00:00","dateModified":"2023-05-06T03:33:14+00:00","description":"\u00a9 Reuters. Investing.com -- U.S. stocks jumped after Apple Inc. (NASDAQ:) posted stronger-than-expected on strong iPhone sales. At 10:46 ET (14:46 GMT),","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=4850#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=4850"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=4850#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"U.S. stocks were rising after Apple beat earnings expectations"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/4850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4850"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/4850\/revisions"}],"predecessor-version":[{"id":4852,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/4850\/revisions\/4852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/4851"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}