Market Opens Higher on Strong Earnings

Major US stock markets opened higher on Thursday, with the Nasdaq 100 jumping 1.50%, as investors reacted positively to a wave of corporate earnings. Strong performances from tech giants Meta and Microsoft set an upbeat tone, despite a dip in sentiment following disappointing GDP data the previous day.

Focus on Upcoming Earnings and Tariff Decisions

Attention now turns to earnings reports from Amazon and Apple, expected later in the day, as well as potential decisions from the Trump administration on tariffs. These developments are keenly watched for their impact on market sentiment and future trading directions.

Index Performance Highlights

At 9:30 am ET, the Nasdaq 100 soared 1.52%, while the Dow Jones Industrial Average increased by 0.51%, or 200 points. Microsoft Corporation led the charge with a 10.01% surge, and the S&P 500 gained 0.99%, with Trane Technologies plc advancing 8.45%. The euro remained stable against the dollar, trading at $1.13240.