US Stock Futures Climb as Dow Jones Leads with Significant Gains

Early Thursday witnessed a notable uptick in US stock futures, spearheaded by the Dow Jones Industrial Average futures, which soared by more than 370 points. This surge came in the wake of Federal Reserve Chair Jerome Powell's speech, which painted a hopeful picture for the markets.

Market Reactions and Currency Fluctuations

By 4:11 am ET, the Dow Jones Industrial Average futures had jumped 370 points, marking a 0.93% increase. Not far behind, S&P 500 futures advanced by 1.14%, and Nasdaq 100 futures recorded a 1.29% rise. Meanwhile, in the currency markets, the euro experienced a slight decline against the dollar, dropping 0.24% to $1.13701 by 4:25 am ET.