Wall Street Premarket Trading Update

Wall Street's major stock exchanges showed positive movement in premarket trading on Thursday, buoyed by Nvidia's latest earnings report. The tech giant not only surpassed analyst expectations with a significant earnings beat but also provided optimistic guidance for the future. Investors are now keenly awaiting the release of the United States' gross domestic product (GDP) report, along with updates on jobless claims and pending home sales, expected later today.

Stock Market Performance

At 4:18 am ET, the Dow Jones Industrial Average saw an increase of 0.26%, or 112 points. Similarly, the Nasdaq 100 and the S&P 500 experienced gains, rising by 0.55% and 0.49%, respectively.

Currency Exchange Rates

In the currency markets, the euro remained stable against the dollar at 4:19 am ET, trading at 1.04797.