US Stock Market Opens Lower Amid Anticipation for Trump's WEF Address and Earnings Reports

As the trading day commenced, the US stock market saw a mostly lower opening on Thursday. Investors were keenly awaiting President Donald Trump's speech at the World Economic Forum (WEF), alongside digesting the latest quarterly earnings reports from major corporations.

Among the notable earnings reports, American Airlines Inc. announced results that fell short of expectations, whereas GE Aerospace surpassed forecasts with its quarterly earnings. This mixed bag of corporate performances added to the market's cautious stance.

Market Performance Overview

The Dow Jones Industrial Average remained unchanged, reflecting a wait-and-see approach among investors. However, the Nasdaq 100 experienced a decline of 0.52%, and the S&P 500 decreased by 0.14%. Notably, Electronic Arts Inc. emerged as the day's worst performer on both the Nasdaq 100 and S&P 500, with its stock price plunging by 16.68%.

In currency markets, the euro held steady against the dollar, trading at $1.04132 at 9:28 am ET.