Pre-Market Surge in US Stock Indices

As the financial world turns its eyes towards the upcoming producer price index (PPI) report, major US stock markets have kicked off Tuesday on a high note. The premarket session witnessed a notable uptick across the board, signaling a bullish sentiment among investors.

Indexes on the Rise

At 4:20 am ET, the Dow Jones Industrial Average saw an increase of 0.33%, while the NASDAQ 100 enjoyed a more significant leap of 0.72%. Not to be left behind, the S&P 500 also climbed by 0.46%, painting a promising picture for the day ahead.

Euro Strengthens Against the Dollar

In the currency markets, the euro made gains against the dollar, trading 0.46% higher to reach $1.02622 by 4:22 am ET. This movement adds another layer of intrigue to the day's financial narrative, as investors and analysts alike await the PPI report with bated breath.