US Stock Market Opens Higher

On Monday, the US stock market saw a positive opening with major indexes climbing in anticipation of crucial economic updates. Investors are keenly awaiting data on factory orders, the services and manufacturing sectors, along with the official confirmation of Donald Trump's second presidency.

Notable Performances

At 9:31 am ET, the Dow Jones Industrial Average experienced a 0.30% increase, or 131 points, with Nvidia Corporation leading the charge by jumping 2.84%. Similarly, the Nasdaq 100 saw a 1.06% rise, or 226 points, by 9:32 am ET, highlighted by Micron Technology Inc.'s impressive 7.24% surge. The S&P 500 wasn't left behind, climbing 0.74% as Super Micro Computer (SMC) Inc. surged by 7.43% at the same time.

Currency Movements

In the currency markets, the euro strengthened against the dollar, marking a 0.70% increase to sell for $1.93783 at 9:28 am ET.