Market Responds Positively to Tech Giants' Earnings

Early Thursday trading saw a notable uptick in US stock market futures, fueled by Meta's impressive Q1 revenue and Microsoft's robust fiscal Q3 results. Investors are now turning their attention to upcoming economic indicators and earnings reports from major corporations.

Key Economic Indicators and Earnings on the Horizon

Today's market session is set to focus on weekly jobless claims and Challenger job data. Additionally, earnings reports from CVS Health, Eli Lilly, Moderna, and McDonald's are anticipated in the early hours, followed by updates from Apple, Airbnb, Reddit, and Amazon later in the day.

Market Movements and Currency Fluctuations

By 4:11 am ET, the Dow Jones Industrial Average had climbed by 0.26%, with the Nasdaq 100 and S&P 500 also posting gains of 0.53% and 0.43%, respectively. Meanwhile, the euro experienced a slight decline against the dollar, trading at $1.13192 by 4:12 am ET.