Market

Wall Street Rises as Investors Eye Major Earnings Reports and Trade Deal Developments

Market Anticipation Builds Ahead of Key Earnings Reports

Major US stock markets closed mostly higher on Monday, setting the stage for a week filled with high-profile earnings reports and crucial economic updates. Investors are particularly keen on the upcoming financial disclosures from tech giants such as Meta, Microsoft, Robinhood, Qualcomm, Amazon, and Apple, scheduled between Wednesday and Thursday.

Trade Negotiations in Focus

Amid the earnings season, the market's attention is also riveted on ongoing trade negotiations. White House Press Secretary Karoline Leavitt hinted that more details regarding trade deals could be unveiled in the near future, adding another layer of anticipation to the financial markets.

Market Performance Snapshot

By the close at 4:00 pm ET, the Dow Jones Industrial Average had climbed 0.28%, or 114 points, while the S&P 500 saw a modest increase of 0.06%. The Nasdaq 100, however, remained flat, reflecting the mixed sentiments among investors.

Currency Movements

In currency markets, the euro appreciated by 0.52% against the dollar, trading at $1.14227 by 3:58 pm ET, signaling a slight shift in forex market dynamics.

Stay tuned for further updates...