S&P 500 Closes at Record 7,230.12 in April…Best Month Since 2020

The S&P 500 advanced 0.29% to 7,230.12 on April 30, posting its strongest monthly gain since 2020. Alphabet's earnings beat—Q1 revenue of $109.9 billion (+22% YoY) with EPS of $5.11—triggered a 6% after-hours surge that led the broader rally. Apple subsequently announced Q2 results of $111.2 billion revenue (+17%) and $2.01 EPS after market close.