Market

US Stock Markets Surge as Trade Data Meets Expectations, Eyes on Services and Jobs

US Markets Open Higher Following Trade Deficit Report

On Tuesday, major US stock indexes experienced an upward trend at the opening bell, buoyed by the latest trade deficit figures which aligned closely with market forecasts. Investors are now eagerly awaiting further updates on the services sector and job openings.

Indexes and Stocks on the Rise

The Dow Jones Industrial Average saw a 0.37% increase, or 155 points, with The Walt Disney Company leading the charge by expanding 2.27% at 9:35 am ET. Similarly, the Nasdaq 100 increased by 0.25%, highlighted by a significant 3.69% jump in Micron Technology Inc. at the same time. The S&P 500 wasn't left behind, growing by 0.41%, as Walgreens Boots Alliance Inc. soared by an impressive 5.81% at 9:36 am ET.

Euro Remains Steady Against the Dollar

At 9:28 am ET, the euro maintained a steady stance against the dollar, trading at $1.03929.