Market Rally Follows US-UK Trade Deal

In a significant upturn, the Dow Jones Industrial Average surged by over 250 points at the close of trading on Thursday. This rally was fueled by the official announcement of a new trade agreement between the United States and the United Kingdom, injecting a wave of optimism across the markets.

Corporate Earnings in Focus

As the markets digest this development, attention is also turning towards the latest corporate earnings reports. Companies such as Coinbase, Dropbox, Lyft, Paramount, and Pinterest are poised to release their earnings after the market closes, adding another layer of anticipation for investors.

Performance Highlights

The Dow's impressive gain of 254 points, or 0.62%, was led by Boeing, which saw its shares climb by 3.44%. The Nasdaq Composite wasn't far behind, advancing by 0.98%, with Axon Enterprise leading the charge with a 14.08% increase. The S&P 500 also enjoyed gains, rising by 0.58%.

In currency markets, the euro strengthened against the US dollar, marking a 0.64% increase to $1.12282 by 3:59 pm ET.