Market

Wall Street Rises Optimistically as Investors Anticipate Crucial Economic Data Release

Market Opens on a High Note

As the trading session commenced this Monday, major U.S. stock markets witnessed an upward trend. Investors are keenly awaiting the release of significant economic data later today, which is expected to provide insights into the market's direction. Additionally, the impending tariffs announced by President Donald Trump, set to be enforced tomorrow, are keeping investors on their toes.

Stock Performances

Notably, the Dow Jones saw a 0.20% increase, buoyed by Boeing's 1.44% rise. The Nasdaq 100 wasn't far behind, climbing 0.47% as MicroStrategy leaped by 13.19%. Similarly, the S&P 500 edged up by 0.26%, with Palantir making a significant 6.18% gain.

Currency Movements

On the currency front, the euro made a notable surge against the dollar, increasing by 1.03% to exchange at $1.04845 by 9:27 am ET.