Market Opens Higher on Positive Earnings Reports

Major U.S. stock indexes opened higher on Thursday, buoyed by upbeat financial results from Warner Music Group Corp. and Warner Bros. Discovery Inc. (WBD). Investors are also keeping an eye on upcoming earnings from Dropbox Inc. and Pinterest Inc., as well as key economic data and policy announcements.

Key Indexes Show Gains

The Dow Jones Industrial Average climbed 0.59%, or 265 points, with Apple Inc. leading the charge with a 1.79% increase. The Nasdaq 100 and S&P 500 also posted gains, thanks to strong performances from companies like Datadog Inc. and Insulet Corporation.

Currency Markets Hold Steady

Meanwhile, the euro remained stable against the dollar, trading at $1.16513 in early trading.