U.S. stocks delivered strong gains as major indices rallied, with the Nasdaq surging over 1% and Apple leading the charge. Apple’s share price climbed sharply, gaining around 5% after the tech giant reported better-than-expected third-quarter earnings. The company posted revenue growth of 10% year-over-year, highlighting robust demand across its product lineup and signaling resilience despite broader economic uncertainties.

This positive earnings report from Apple not only boosted its own stock but also injected optimism across the entire technology sector, driving the Nasdaq Composite higher. Market sentiment improved as investors reacted favorably to Apple’s results, seeing them as a sign that consumer tech spending remains healthy. Other major tech names also saw their shares rise, contributing to wider sector gains.

In addition to Apple’s performance, strong economic data and easing concern over potential interest rate hikes further supported the positive momentum in U.S. equities. Investors are becoming more confident that the Federal Reserve may be nearing the end of its tightening cycle, which has helped reduce volatility and attract more capital into growth-oriented stocks.

Looking ahead, investors are closely watching upcoming economic indicators and corporate earnings for further guidance. The latest upward movement in major indices demonstrates how influential tech heavyweights like Apple remain in shaping overall market direction. As the earnings season progresses, market participants will keep an eye on whether other industry leaders can match Apple’s upbeat results or if there are signs of moderation on the horizon.

For now, however, strong corporate earnings and improving market sentiment are fueling optimism, setting the stage for further potential gains in the U.S. stock market.