Market

Nasdaq 100 Surges 1.50% as US Markets Open Higher Amid Strong Corporate Earnings

US Markets Kick Off with Gains

Major US stock markets opened higher on Thursday, with investors closely analyzing a slew of corporate earnings reports. The positive momentum was fueled by impressive results from tech giants Meta and Microsoft, setting an optimistic tone for the day.

Earnings in Focus

Attention now turns to upcoming earnings from Amazon and Apple, anticipated later in the day. These reports are highly awaited, as they could further influence market sentiment. Additionally, potential decisions from the Trump administration on tariffs are on investors' radar.

Market Performance Highlights

At 9:30 am ET, the Nasdaq 100 jumped 1.52%, while the Dow Jones Industrial Average saw a 0.51% increase, or 200 points. Microsoft Corporation led the charge with a 10.01% surge. The S&P 500 also enjoyed gains, up by 0.99%, with Trane Technologies plc advancing 8.45%. Meanwhile, the euro remained stable against the dollar at $1.13240.