Market

Wall Street Rises in Anticipation of Trump's Reciprocal Tariffs Announcement

Wall Street Opens Higher as Investors Await Trump's Tariff Announcement

As the US stock markets opened on Thursday, investors were on the edge of their seats, anticipating President Donald Trump's announcement of retaliatory tariffs. This anticipation fueled a positive start for major indices, with the Dow Jones Industrial Average, Nasdaq 100, and S&P 500 all seeing gains.

Highlights from the market opening included a significant jump for Cisco Systems Inc. and a remarkable surge for Applovin Corporation, alongside MGM Resorts International's notable increase. Meanwhile, the euro remained steady against the dollar, reflecting a moment of calm in the currency markets amidst the stock market's upbeat start.

As the fourth-quarter earnings season continues, all eyes are also on Airbnb and Coinbase, which are scheduled to release their performance reports after the markets close, adding another layer of anticipation for investors.