US Markets React Positively to Job Data and Earnings Reports

Following the release of January's job cuts and initial jobless claims data, US stock markets opened on a positive note this Thursday. The ongoing trade tensions between the US and China, spurred by President Donald Trump's latest tariff impositions, continue to influence market sentiments. Additionally, the financial community is digesting the latest quarterly earnings from industry giants such as Qualcomm, Uber, Disney, and Ford, which were reported earlier this week.

The Dow Jones Industrial Average saw a modest rise of 0.10%, with McDonald's shares jumping 2.81%. Meanwhile, the Nasdaq 100 remained flat, and the S&P 500 gained 0.20%, buoyed by Tapestry Inc.'s significant 15.15% surge.

On the currency markets, the euro experienced a slight decline, weakening by 0.39% against the dollar to trade at $1.03651 by 9:28 am ET.