Market

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

Market Optimism Rises with Early Gains

Major US stock markets opened higher on Thursday, fueled by a wave of positive corporate earnings reports. Investors are keenly watching the performance of tech giants like Meta and Microsoft, whose strong results have set an optimistic tone for the day.

Focus Shifts to Upcoming Earnings and Tariff Decisions

Attention now turns to the earnings reports from Amazon and Apple, expected later in the day. Additionally, the market is awaiting decisions from the Trump administration regarding tariffs, which could have significant implications for trade and economic sentiment.

Index Performance Highlights

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 enjoyed gains, with Trane Technologies plc advancing 8.45%. Meanwhile, the euro remained stable against the dollar, trading at $1.13240.