03:51 PM EDT, 05/02/2024 (MT Newswires) -- US benchmark equity indexes were higher ahead of Thursday's close, as investors awaited Apple's ( AAPL ) results.

The technology-heavy Nasdaq Composite was up 1.4% at 15,821.9, while the S&P 500 rose 0.8% to 5,057.8. The Dow Jones Industrial Average advanced 0.7% to 38,172.3. Among sectors, tech and consumer discretionary led the gainers. Only materials and healthcare were in the red.

IPhone maker Apple ( AAPL ) is set to report its latest financial results after the closing bell, along with other major names such as Amgen ( AMGN ) , Monster Beverage ( MNST ) , Coinbase Global ( COIN ) , Block (SQ) and DraftKings ( DKNG ) .

Moderna's ( MRNA ) stock jumped 12.7% after the drugmaker logged a smaller-than-expected loss for the first quarter and affirmed its full-year revenue outlook.

The US two-year yield fell 5.8 basis points to 4.88%, while the 10-year rate dropped 1.2 basis points to 4.58%.

West Texas Intermediate crude oil was fractionally higher at $79.03 per barrel.