Market Optimism Rises on Strong Earnings Reports

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 before the bell set an optimistic tone, despite previous concerns over disappointing GDP data.

Focus Shifts to Amazon and Apple

Attention now turns to upcoming earnings reports from Amazon and Apple, expected later in the day. These results are highly anticipated, as they could further influence market sentiment amidst ongoing discussions about tariff policies by the Trump administration.

Key Market Movements

At 9:30 am ET, the Dow Jones Industrial Average rose by 200 points (0.51%), with Microsoft Corporation leading the charge with a 10.01% surge. The S&P 500 also saw gains, climbing 0.99%, while Trane Technologies plc advanced by 8.45%. The euro remained stable against the dollar, trading at $1.13240.