Market Reacts to Tech Giants' Earnings

Early Thursday trading saw US stock market futures climbing, 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 Indicators on the Horizon

Traders are keenly awaiting the release of weekly jobless claims and Challenger job data. Additionally, earnings reports from CVS Health, Eli Lilly, Moderna, and McDonald's are expected to provide further market direction early in the session, with Apple, Airbnb, Reddit, and Amazon slated to report later in the day.

Market Movements and Currency Fluctuations

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