Wall Street's Strong Start to 2025

In an impressive start to the first trading day of 2025, the Dow Jones Industrial Average soared over 350 points in premarket trading. Investors are keenly awaiting the release of manufacturing PMI figures and Tesla's fourth-quarter deliveries report for 2024.

The Nasdaq 100 and the S&P 500 also saw significant gains, jumping 1.27% and rising 1.03% respectively by 7:29 am ET. Meanwhile, the euro experienced a slight decline against the dollar, selling for 1.03279 at 7:30 am ET.