US Stock Futures on the Rise

Early Thursday witnessed a significant uptick in US stock futures, with the Dow Jones Industrial Average futures leading the charge by soaring more than 370 points. This surge came on the heels of a pivotal speech by Federal Reserve Chair Jerome Powell, which seemed to reassure investors and market participants alike.

Market Movements in Detail

At 4:11 am ET, the landscape was notably bullish: the Dow Jones Industrial Average futures climbed by 0.93%, while the S&P 500 futures and Nasdaq 100 futures weren't far behind, marking increases of 1.14% and 1.29%, respectively.

Currency Markets Reaction

Meanwhile, in the currency markets, the euro experienced a slight downturn against the dollar, decreasing by 0.24% to $1.13701 by 4:25 am ET.