Market Recovery and Earnings Anticipation

Major U.S. stock indexes opened higher on Monday, signaling a recovery from Friday's selloff. Investors are closely watching for earnings reports from major companies like Palantir, Disney, and Airbnb, set to be released this week. The market is also digesting the latest financial results from Berkshire Hathaway, announced over the weekend.

Index Performance Highlights

At 9:30 am ET, the Dow Jones was up by 0.38%, or 167 points, with Microsoft leading the charge with a 1.42% increase. The Nasdaq 100 and S&P 500 also saw gains, advancing by 0.97% and 0.68% respectively. IDEXX Laboratories stood out as the top performer on both indexes, surging by an impressive 24.36%.

Currency and Economic Data

Meanwhile, the euro remained stable against the dollar, trading at $1.15860 at 9:29 am ET. Traders are awaiting a fresh report on factory orders, expected to be published after the opening bell.