Market Gains on Positive Economic Indicators

The Dow Jones Industrial Average and the S&P 500 turned green after opening flat, while the Nasdaq 100 extended its gains on Thursday. This positive movement followed the reveal of an improvement in builder confidence, a key indicator of economic health. Meanwhile, business inventories remained stable, signaling a balanced market condition.

Investor Enthusiasm Peaks with Corporate Earnings

Investors showed enthusiasm over PepsiCo Inc.'s latest quarterly results, which exceeded expectations. The anticipation for Netflix Inc.'s earnings report also contributed to the upbeat market mood, as analysts predict strong performance.

Market Figures at a Glance

By 12:22 pm ET, the Dow Jones had increased by 0.35% or 154 points. The Nasdaq 100 rose by 0.78% or 177 points, and the S&P 500 gained 0.43%. Meanwhile, the euro declined by 0.38% to $1.15991, reflecting the dynamic nature of global markets.