Market

US Stock Markets Rally Premarket: Key Earnings and Economic Data in Focus

Market Overview

As the trading day begins, United States stock markets are showing promising gains, buoyed by recent earnings reports. Notably, Meta and Tesla have seen significant premarket movements, with Meta surging nearly 3% following a robust fourth-quarter performance, and Tesla climbing 2.82% despite its revenue not meeting expectations.

Today's Highlights

Investors are keenly awaiting earnings reports from major players such as Blackstone, Mastercard, Intel, Visa, and Apple. Additionally, the preliminary report on GDP growth for the fourth quarter is set to be released, alongside updates on weekly jobless claims and pending home sales for December.

Market Movements

At 4:24 am ET, the Dow Jones had added 0.40% or 185 points, the Nasdaq 100 improved by 0.65%, and the S&P 500 increased by 0.44%. Meanwhile, the euro remained stable against the dollar, trading at 1.0406 at 4:25 am ET.