Wall Street Kicks Off with Optimism

As the trading session commenced on Monday, major U.S. stock markets witnessed an upward trend. Investors are keenly awaiting the release of significant economic data today, alongside keeping a close watch on the impending tariffs announced by US President Donald Trump, set to take effect tomorrow.

Market Highlights

The Dow Jones Industrial Average climbed by 0.20%, with Boeing leading the charge with a 1.44% increase. The Nasdaq 100 wasn't far behind, posting a 0.47% rise, thanks to a significant 13.19% leap by MicroStrategy. The S&P 500 also enjoyed a 0.26% growth, bolstered by Palantir's 6.18% gain.

Currency Movements

On the currency front, the euro made a notable 1.03% jump against the dollar, trading at $1.04845 by 9:27 am ET, signaling a robust appetite for the euro amidst these market dynamics.