Market Responds Positively to Tech Giants' Earnings Reports

Early trading on Thursday saw US stock market futures climbing, as investors reacted to Meta's and Microsoft's better-than-anticipated quarterly earnings. These results have set a hopeful tone for the day's trading session.

Key Economic Indicators and Earnings Reports to Watch

Today's market focus will shift towards the release of weekly jobless claims and Challenger job data. Additionally, earnings reports from major corporations such as CVS Health, Eli Lilly, Moderna, and McDonald's are anticipated early in the day, with Apple, Airbnb, Reddit, and Amazon scheduled to report later.

Market Performance Snapshot

At 4:11 am ET, the Dow Jones Industrial Average was up by 0.26%, while the Nasdaq 100 and S&P 500 saw increases of 0.53% and 0.43%, respectively.

Currency Movements

In currency markets, the euro experienced a slight decline against the dollar, trading at $1.13192 by 4:12 am ET, down by 0.10%.