Global Markets Rise Ahead of Apple Earnings Report

Global stock markets opened with gains on November 2, 2026, with Nasdaq futures rising 0.7% and positive trading across Asia. Market analysts describe the movement as a dead cat bounce following a significant selloff the previous Friday.

Apple Inc. is the primary focus for investors today. Because of the company's massive weight in indexes and ETFs, analysts warn that a disappointing earnings report could trigger a new round of market panic.

Short-term sentiment remains cautious due to the upcoming U.S. midterm elections and uncertainty regarding how Donald Trump and the U.S. government will handle Iran. While medium-term growth outlooks are constructive, experts warn of continued turmoil and a slowing rate of AI capital expenditure expansion.