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AAPL: hits all-time high, I believe.
S & P 500: the market has never closed down in May since 2012 (CNBC). All-time high for S&P 500 was 2,395; today, up slightly, at 2,388. Techs pulling market up; energy sector pulling market down.
WTI: opens down; opens below $49. WTI down almost 1%.
Hope springs eternal. Asian equities edge up as Japan outperforms -- Reuters. No link. Transient, trivial. US Dow 30 futures up 32 points. The rally continues?
Hope springs eternal? Not so much: consumer spending stalls in March. Inflation is below the Federal Reserve's target. No link, background noise.
Cash pile: overheard -- Apple with nearly $250 billion in cash ($50/share); Buffett with nearly $90 billion in cash; Microsoft with nearly $100 billion in cash.
OPEC: will certainly extend cuts when it meets in May -- Bloomberg.