Market Reacts Positively to Tech Giants' Earnings

As the market opens, US futures show an upward trend following the announcement of Meta and Microsoft's earnings that exceeded analyst expectations. This positive momentum is set against a backdrop of anticipation for upcoming economic data and further earnings reports from major corporations.

Key Economic Indicators and Earnings to Watch

Traders are keeping a close eye on weekly jobless claims and Challenger job data, alongside earnings from CVS Health, Eli Lilly, Moderna, and McDonald's. The spotlight will later shift to Apple, Airbnb, Reddit, and Amazon as they release their financial results.

Market Movements in Early Trading

The Dow Jones Industrial Average saw a modest increase of 0.26%, while the Nasdaq 100 and the 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.