Market Opens Higher Amid Strong Corporate Earnings

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 results from Meta and Microsoft buoyed futures earlier in the day, setting an upbeat mood despite Wednesday's dip caused by disappointing GDP data.

Investors Eye Upcoming Earnings and Tariff Decisions

Attention now turns to earnings from Amazon and Apple, expected later in the day, as well as potential decisions from the Trump administration on tariffs. The market's focus remains on how these factors will influence sentiment moving forward.

Indexes Show Significant Gains

At 9:30 am ET, the Nasdaq 100 soared 1.52%, while the Dow Jones Industrial Average increased by 0.51%, or 200 points. Microsoft Corporation led the charge with a 10.01% surge within both indexes. The S&P 500 also saw gains, rising 0.99%, with Trane Technologies plc advancing 8.45%. Meanwhile, the euro traded flat against the dollar at $1.13240.