Stock market today, May 2 -- Indian markets are expected to open higher on Friday, May 2, tracking gains in Asian peers and a strong rally on Wall Street during Thursday's session. The S&P 500 rose for an eighth consecutive day, marking its longest winning streak since August.

The Nasdaq 100 ended 1.1% higher, with Microsoft Corp. and Meta Platforms Inc. jumping on upbeat earnings, lifting broader equity indices. Additionally, a report suggesting the U.S. may ease restrictions on Nvidia Corp.'s sales to the United Arab Emirates helped push shares higher during regular trading.

Tech earnings were the key driver of market optimism, along with expectations that upcoming trade deals could provide relief to several countries from the steep t...