Market Responds Positively to Tech Giants' Earnings

As the trading day began, US stock market futures showed an upward trend, buoyed by Meta's impressive Q1 revenue and Microsoft's robust fiscal Q3 results. Investors are now turning their attention to upcoming economic indicators and earnings reports from major corporations.

Key Economic Data and Earnings on the Horizon

Today's session is set to focus on critical economic data, including weekly jobless claims and Challenger job figures. Additionally, earnings reports from CVS Health, Eli Lilly, Moderna, and McDonald's are eagerly anticipated, with tech giants like Apple, Airbnb, Reddit, and Amazon scheduled to report later in the day.

Market Indices Show Positive Movement

At 4:11 am ET, the Dow Jones Industrial Average saw a 0.26% increase, while the Nasdaq 100 and S&P 500 grew by 0.53% and 0.43%, respectively. Meanwhile, the euro experienced a slight decline against the dollar, trading at $1.13192 at 4:12 am ET.