Market

Nasdaq 100 Leaps 1.50% as US Markets Rally on Strong Corporate Earnings

Market Optimism Returns

Major US stock markets opened higher on Thursday, signaling a rebound as investors digested a wave of corporate earnings. The upbeat mood was fueled by strong results from Meta and Microsoft, offsetting the previous day's dip caused by disappointing GDP data.

Focus on Tech Giants

Attention now turns to earnings from Amazon and Apple, expected later in the day. Additionally, the market is keenly awaiting decisions from the Trump administration on tariffs, which could have significant implications.

Market Performance Snapshot

At 9:30 am ET, the Nasdaq 100 soared 1.52%, while the Dow Jones Industrial Average increased by 0.51%. Microsoft Corporation led the charge with a 10.01% surge. The S&P 500 also saw gains, with Trane Technologies plc advancing 8.45%. Currency markets remained steady, with the euro trading flat against the dollar at $1.13240.